City of London
Council Tax band distribution, current rates, and revenue-neutral scenarios.
8,060 residential properties
£6.3bn 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 | £223,332* | 0.0% | £849 | £0 |
| B | 350 | £342,442* | 4.3% | £991 | £346,850 |
| C | 690 | £446,663* | 8.6% | £1,133 | £781,770 |
| D | 940 | £580,662 | 11.7% | £1,274 | £1,197,560 |
| E | 2,880 | £622,092 | 35.7% | £1,557 | £4,484,160 |
| F | 1,390 | £643,308 | 17.2% | £1,840 | £2,557,600 |
| G | 1,500 | £1,313,906 | 18.6% | £2,123 | £3,184,500 |
| H | 310 | £2,153,108 | 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 | £223,332* | 0.0% | £473 | ↓£376 | £0 |
| B | 350 | £342,442* | 4.3% | £725 | ↓£266 | £253,750 |
| C | 690 | £446,663* | 8.6% | £946 | ↓£187 | £652,740 |
| D | 940 | £580,662 | 11.7% | £1,230 | ↓£44 | £1,156,200 |
| E | 2,880 | £622,092 | 35.7% | £1,318 | ↓£239 | £3,795,840 |
| F | 1,390 | £643,308 | 17.2% | £1,363 | ↓£477 | £1,894,570 |
| G | 1,500 | £1,313,906 | 18.6% | £2,784 | ↑£661 | £4,176,000 |
| H | 310 | £2,153,108 | 3.8% | £4,561 | ↑£2,013 | £1,413,910 |
| Total | 8,060 | 100% | £13,343,010 |
* Estimated due to insufficient sample size.