100% business rates retention: further consultation on the design of the reformed system
Further consultation on the government’s commitment to allow local government to retain 100% of the business rates they raise locally.
Opened
15 Feb 2017
Closed
3 May 2017
▤ Verbatim text from source document
In October 2015, the government committed that, by the end of the Parliament, local government should retain all taxes raised locally, including 100% of locally collected business rates. This amounts to a significant reform of the local government finance system.
This consultation is part of a process of ongoing engagement and collaboration with interested parties on the design of reforms. It seeks views on some of the detailed aspects of the design of the reformed system.