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4 changes: 4 additions & 0 deletions changelog_entry.yaml
Original file line number Diff line number Diff line change
@@ -0,0 +1,4 @@
- bump: patch
changes:
fixed:
- NI domestic rates taken as reported.
Original file line number Diff line number Diff line change
Expand Up @@ -310,3 +310,20 @@ ofwat:
href: https://www.ofwat.gov.uk/price-review/
- title: Ofwat 2025-26 media statement
href: https://www.ofwat.gov.uk/average-bills-2025-26-press-statement/
finance_ni:
domestic_rates:
description: Domestic rates year-on-year growth.
values:
2024-01-01: 0.050
2025-01-01: 0.047
2026-01-01: 0.0
2027-01-01: 0.0
2028-01-01: 0.0
2029-01-01: 0.0
2020-01-01: 0.0
metadata:
unit: /1
label: domestic rates growth
reference:
- title: Finance NI (based on outturn)
href: https://www.finance-ni.gov.uk/
4 changes: 2 additions & 2 deletions policyengine_uk/tests/microsimulation/reforms_config.yaml
Original file line number Diff line number Diff line change
Expand Up @@ -16,15 +16,15 @@ reforms:
parameters:
gov.hmrc.child_benefit.amount.additional: 25
- name: Reduce Universal Credit taper rate to 20%
expected_impact: -37.7
expected_impact: -36.5
parameters:
gov.dwp.universal_credit.means_test.reduction_rate: 0.2
- name: Raise Class 1 main employee NICs rate to 10%
expected_impact: 12.3
parameters:
gov.hmrc.national_insurance.class_1.rates.employee.main: 0.1
- name: Raise VAT standard rate by 2pp
expected_impact: 19.4
expected_impact: 18.8
parameters:
gov.hmrc.vat.standard_rate: 0.22
- name: Raise additional rate by 3pp
Expand Down

This file was deleted.

14 changes: 0 additions & 14 deletions policyengine_uk/variables/gov/local_authorities/domestic_rates.py
Original file line number Diff line number Diff line change
Expand Up @@ -7,17 +7,3 @@ class domestic_rates(Variable):
definition_period = YEAR
value_type = float
unit = GBP

def formula(household, period, parameters):
rates = parameters(period).gov.local_authorities.domestic_rates.rates
local_authority = household("local_authority", period)
rate_defined = pd.Series(local_authority.decode_to_str()).isin(
rates._children
)
percent = np.zeros(household.count, dtype=float)
if any(rate_defined):
percent[rate_defined] = rates[local_authority[rate_defined]]
main_residence_value = household("main_residence_value", period)
return percent * main_residence_value
else:
return 0
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