The code requires that local authorities must publish details of each individual item of expenditure that exceeds £500.
For each individual item of expenditure the following information must be published:
- Date the expenditure was incurred
- Local authority department which incurred the expenditure
- Summary of the purpose of the expenditure
- Value Added Tax (VAT) that cannot be recovered
- Merchant category
Salary payments to staff normally employed by the local authority do not need to be included. However, local authorities should publish details of payments to individual contractors.
Wivelsfield Parish Council provides a schedule of payments at monthly Council meetings. The schedule is included as an appendix to the minutes and includes supplier and transaction information.