# Regional mayors to retain business rates and gain income tax share

- URL: https://talkfuse.com/story/no-10-hands-mayors-more-cash-in-business-rates-and-income-tax-take/
- Published: 2026-10-28T17:52:53+00:00
- Updated: 2026-10-28T18:07:30+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16246761/No-10-hands-mayors-cash-business-rates-income-tax-take.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: World

## Key points

- Mayors are set to retain more business rates and receive income tax revenue.
- An uncapped visitor levy could begin in 2028.
- The Government says devolution deals will cover over 90% of England.

## Summary

The Government says regional mayors will gain new ways to raise and retain revenue, including a share of income tax and more business rates. It presents the changes as a way to fund local infrastructure and give local leaders greater control over investment.

Mayors are due to retain 20 per cent of business rates next year, rising to 100 per cent by the end of the decade; the Treasury says this will replace central government grants. From 2028-29 they will receive a share of income tax and may impose an uncapped overnight visitor levy from 2028. The Government also announced £285 million for 2027-28 for areas moving towards devolution deals, while the Conservatives criticised the plans as a route to higher taxes and UKinbound said the visitor levy timetable was too tight.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.