Proposed changes to street trading licence fees
As part of our draft budget for 2023/24, we are proposing to increase most fees and charges by 10% in order to cover the costs of the service being charged for.
However, we understand the pressure of rising costs and recognise some businesses and individuals would find a 10% increase unaffordable.
We are therefore proposing an increase of just 5% to most street trading licence fees, which is below inflation so represents a real-terms cut in prices.
The new fees would take effect from April 2023 and are shown below.
Proposed 2023/24 fee | Proposed increase | |
12 (Nos 1, 2, 3, 4, 5, 23, 36A, 40A, 40B, 40C, 40D, 40E) | £17.20 | N/A |
16 pitches (Nos 6, 7, 8, 10, 18, 19, 20, 21, 22, 37, 38A, 38B, 38C, 39A, 39B, 41) | £28.75 | N/A |
2 pitches (Nos 9 and 12) | Pitches linked to Boat/Punt licence fee | N/A |
15 pitches (Nos 11, 13, 14, 15, 16, 24, 25, 27, 28, 30, 31, 32A, 34, 35, 36B) | £28.75 | 5% |
2 pitches (Nos 32B and 33) | £17.20 | 5% |
3 pitches (Nos 17, 26, 29) | £28.75 | Pitches reassessed as premium and 75.52% increase |
All traders are subject to a £114.74 yearly administration fee to process their Street Trading Licence (5% increase from 2022/23 £109.28) |
This consultation on these proposals closed on Thursday 2 March 2023. All the feedback we receive will be reported to councillors who will set the budget for the coming year.
Published: 26 January 2023