UK to Share Income Tax Revenue With Mayors From 2028
UK official Healey says a share of income tax will go to mayors from 2028.
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01:25:31 PM UTC
SquawkNews
England's regional mayors will be able to retain a share of income tax and business rates, finance minister John Healey said on Wednesday, a step towards unwinding one of the most centralised tax systems among large rich economies.Healey said mayors will be able to keep 20% of business rates revenu…