These publications provide information on the business rates retention scheme.
Latest news (31 August 2018)
Small business rates relief compensation methodology: analysis update
In December 2017 MHCLG consulted on its recommended methodology to determine the correct compensation due to authorities as a result of the threshold changes to small business rates relief.
Following analysis of the consultation responses MHCLG agreed to pay compensation in 2017 to 2018 and 2018 to 2019 as per its recommended methodology, and that we would continue to work with local government, and with the Implementation Working Group, to discuss whether further refinements should be made to the methodology.
This work is on-going and we hope to conclude it soon, at which time we will update you as to the outcome.