100% business rates retention: further consultation on the design of the reformed system
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Further consultation on the government’s commitment to allow local government to retain 100% of the business rates they raise locally.
Ref: ISBN 978-1-4098-5009-0 PDF, 671KB, 23 pages
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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.