18 JAN 2017
Department for Communities and Local Government
To ask the Secretary of State for Communities and Local Government, what recent discussions he has had with local authorities on 100 per cent business rate retention. (59371)
Tabled on: 10 January 2017
Mr Marcus Jones MP:
By the end of the Parliament, local government will retain 100% of taxes raised locally, giving councils control of an additional £12.5 billion of business rates to spend on local services. To ensure the reforms are fiscally neutral, some existing grants will be phased out and responsibilities will be devolved to local authorities. This move towards self-sufficiency and away from dependence on central government is something councils have long campaigned for. We have worked in close collaboration with local government in how to implement this commitment, including through the Business Rates Retention Steering Group, which is jointly chaired by the Local Government Association and the Department for Communities and Local Government.
Last week, we introduced the Local Government Finance Bill that will establish the legislative framework for the reformed system. All relevant documents can be found here. We will continue to work closely with local government during the passage of the legislation, to shape the detail of the reforms.
The answer was submitted on 18 Jan 2017 at 17:40.
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