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• National Non-domestic rates 2007-08

www.communities.gov.uk

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Summary

Details of the national non-domestic rates collected by local authorities in England in 2007-08 were announced on 17 September 2008.

The latest statistics release includes data from 2003-04 to 2007-08 and updates those statistics previously released on 26 September 2007.

The key points from the latest release are:

• The net rate yield (after allowances for changes in respect of previous years and reliefs) increased by 1.7 per cent to £17.4 billion in 2007-08.
• The contribution to the pool (net rate yield after allowances for collection costs including losses) increased by 1.7 per cent to £17.1 billion in 2007-08.
• Between 2003-04 and 2007-08 the contribution to the pool from the local lists increased by 19 per cent.
• London accounts for 25 per cent of the contribution to the national pool while having only 15 per cent of the population.

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