Capital finance: guidance on minimum revenue provision
Guidance for local authorities on determining a prudent level of minimum revenue provision.
Applies to England
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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
Last updated 10 April 2024 + show all updates
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Added revised 5th edition of Capital finance: guidance on minimum revenue provision.
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Added revised edition of Capital finance: guidance on minimum revenue provision.
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First published.