City of London
Council Tax band distribution, current rates, and revenue-neutral scenarios.
8,060 residential properties
£6.4bn total market value
£13.3m annual revenue under current rates
Population: 11,457 (Small) · Avg. pay: £67,064 (High)
| Band | Properties | Avg. Value | % | Avg. Tax | Tax Take |
|---|---|---|---|---|---|
| A | 0 | £217,701* | 0.0% | £849 | £0 |
| B | 350 | £333,808* | 4.3% | £991 | £346,850 |
| C | 690 | £435,402* | 8.6% | £1,133 | £781,770 |
| D | 940 | £566,023 | 11.7% | £1,274 | £1,197,560 |
| E | 2,880 | £624,473 | 35.7% | £1,557 | £4,484,160 |
| F | 1,390 | £750,257 | 17.2% | £1,840 | £2,557,600 |
| G | 1,500 | £1,297,737 | 18.6% | £2,123 | £3,184,500 |
| H | 310 | £2,040,208 | 3.8% | £2,548 | £789,880 |
| Total | 8,060 | 100% | £13,342,320 |
Proportional Rate (revenue neutral)
A 0.21% proportional rate would raise the same revenue
| Band | Properties | Avg. Value | % | Avg. Tax | Diff | Tax Take |
|---|---|---|---|---|---|---|
| A | 0 | £217,701* | 0.0% | £456 | ↓£393 | £0 |
| B | 350 | £333,808* | 4.3% | £699 | ↓£292 | £244,650 |
| C | 690 | £435,402* | 8.6% | £912 | ↓£221 | £629,280 |
| D | 940 | £566,023 | 11.7% | £1,186 | ↓£88 | £1,114,840 |
| E | 2,880 | £624,473 | 35.7% | £1,308 | ↓£249 | £3,767,040 |
| F | 1,390 | £750,257 | 17.2% | £1,572 | ↓£268 | £2,185,080 |
| G | 1,500 | £1,297,737 | 18.6% | £2,718 | ↑£595 | £4,077,000 |
| H | 310 | £2,040,208 | 3.8% | £4,274 | ↑£1,726 | £1,324,940 |
| Total | 8,060 | 100% | £13,342,830 |
* Estimated due to insufficient sample size.