// BBC BUSINESS NEWS — FINANZA
Andy Burnham to give regional mayors share of income tax
Burnham wants to give more powers to metro mayors, such as Steve Rotheram and Kim McGuinness (pictured here)
Prime Minister Andy Burnham will give all mayors of city regions in England a share of income tax revenue for the first time, as part of his drive to transfer power from Westminster to local leaders.
Burnham will also allow mayors of English strategic authorities to keep some cash from business rates collected in their areas, and gain greater control over services such as housing, transport, skills.
The government has not yet decided the exact portion of taxes mayors will be given, with more details to be announced when Chancellor John Healey delivers his first budget in the autumn.
Critics said the plans lacked detail and could lead to areas with weaker economies losing out on funding.
But Burnham said the move would "make good" on his pledge to "bring power home" to "every postcode in the country".
"Under our plans, more of the taxes raised in a community will stay in that community," the prime minister added.
The power to raise and control tax revenues is highly centralised in the UK, making the country an outlier by international standards.
The share of national taxes collected at a local level in the UK is 5.8%, the lowest in the G7, according to the OECD, external, a global policy forum.
That share is far below that of other countries with large economies such as France (20.4%), Japan (36%), and the US (45.7%).