FINANCE

Councils face £1.3bn shortfall on council tax, says IFS

Councils face a £1.3bn shortfall in the council tax they were expecting for 2020/21, finance think-tank the Institute for Fiscal Studies (IFS) has calculated.

Councils face a £1.3bn shortfall in the council tax they were expecting for 2020-21, finance think tank the Institute for Fiscal Studies (IFS) has calculated.

While the Government has pledged to make up 75% of the shortfall, cash-strapped councils will still face a significant gap in their funding for 2020-21 as the economic effects of the pandemic leaves households struggling to pay their bills.

Heather Jameson

Popular articles by Heather Jameson

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?