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Financial Transparency

Details of Expenditure exceeding £500

Expenditure exceeding £500 threshold 

The legislation requires the publication of each individual item of expenditure that exceeds £500 which includes items of expenditure consistent with Local Government Association guidance (salary payments to staff normally employed by the local authority should be excluded): 

Expenditure exceeding £500

Section 28. Local authorities must publish details of each individual item of expenditure that exceeds £500. This includes items of expenditure, consistent with Local Government Association guidance, such as:

  • individual invoices
  • grant payments
  • expense payments
  • payments for goods and services
  • grants
  • grant in aid
  • rent
  • credit notes over £500, and
  • transactions with other public bodies

Section 29. For each individual item of expenditure the following information must be published:

  • date the expenditure was incurred
  • local authority department which incurred the expenditure
  • beneficiary
  • summary of the purpose of the expenditure
  • amount
  • Value Added Tax that cannot be recovered, and
  • merchant category