Statutory guidance

Capital finance: guidance on minimum revenue provision

Guidance for local authorities on determining a prudent level of minimum revenue provision.

Applies to England

Documents

Capital finance: guidance on minimum revenue provision (4th edition)

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@levellingup.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Guidance for local authorities on determining a prudent level of minimum revenue provision when investing in their capital assets.

The 4th edition of this guidance applies for accounting periods starting on or after 1 April 2019, with the exception of paragraphs 27 to 29 of this guidance ‘Changing methods for calculating MRP’, which applies for accounting periods starting on or after 1 April 2018. This guidance ceases to apply for accounting periods starting on or after 1 April 2025.

The revised 5th edition of the guidance applies for accounting periods starting on or after 1 April 2025, with the exception of paragraphs 74 to 77 of this guidance which apply from 7 May 2024.

Updates to this page

Published 15 February 2012
Last updated 10 April 2024 + show all updates
  1. Added revised 5th edition of Capital finance: guidance on minimum revenue provision.

  2. Added revised edition of Capital finance: guidance on minimum revenue provision.

  3. First published.

Sign up for emails or print this page