All local authorities and local authority associations in the UK are exempt from taxes on income/revenue and capital gains (CTA 2010, s. 984; see also ¶144-100). Any income tax suffered by a local authority or local authority association is repayable on making a claim (see ¶144-100).

Local authorities are ‘deposit-takers’, for the purposes of the basic rate income tax deduction scheme (ITA 2007, s. 853). For the application of the scheme to local authorities, see ¶117-600.

‘Local authority’ means:

In England and Wales :

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.