Taxation: Greater London
The question
To ask the Chancellor of the Exchequer, whether she plans to devolve powers to the Mayor of London to adjust taxation rates in London.
Answered by Dan Tomlinson
While the Government keeps the tax system under review, the Government has no plans to extend the Mayor’s powers to adjust tax rates in London.
However, the Government is empowering Mayors to introduce a visitor levy on short-term overnight accommodation in their region, to drive economic growth including through support for the local visitor economy. The Government has published a consultation, running until 18 February, so that the public, businesses, and local government can shape the design of the power to introduce a levy that will be devolved to local leaders. Local leaders will decide whether to introduce a levy and how the revenue raised will be used to drive growth in their region.
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