Business rates retention
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In October 2015, the Government announced that, by the end of this Parliament, local authorities will be able to keep 100 per cent of the business rates they raise locally. This is a fundamental change to in the way local government is financed.
The IRRV has been working with the Department for Communities and Local Government (DCLG) to ensure that local government is vocal in shaping the way that this new system will work.
We will continue to update this hub with useful information, including key papers and materials so check back on a regular basis.
Get involved
To ensure that views from across the sector are represented in the development of a new system, we are inviting you to submit your view so all papers of all groups set up to help implement business rate retention as listed below. To feed in to the work on a new system for 100 per cent business rate retention, please email policy@irrv.org.uk
Key Consultation Papers
Consultation Paper: 2017: 100% business rates retention: further consultation on the design of the reformed system [Extent: England]
The Government published on 15th February 2017 a further consultation on business retention, on the design of the reformed system. This consultation seeks further views onthe implementation of the Government’s commitment to allow local government to retain 100% of business rates raised locally.
This consultation paper can be viewed here. The deadline to respond to the consultation is 3 May 2017.
Alongside the consultation document the Government have published the summary of responses to the original consultation and its own response. This is also available here.
Consulation: 2016: Self-sufficient local government: 100% business rates retention
This consultation closed at26 September 2016 12:00am
Self-sufficient local government: 100% business rates retention
Business rates reform: call for evidence on needs and redistribution
The Government published the summary of responses to the original consultation and its own response. This is also available here.
Steering Group and Sub-groups
A technical steering group and a number of sub-groups have been established to provide information and expert advice to support the IRRV, LGA and DCLG in advising Ministers on the setting up and implementation of this new system. The Steering Group will meet regularly and papers will be updated here
Notes
Business Rates Reform – indicative grants and responsibilities for devolution
Steering Group Paper – Business Rates Retention - Devolution Deals
Steering Group
23 February 2017
- Agenda
- Item 2 Note of Business Rates Retention Steering Group meeting - 1 Dec
- Item 3a Responsibilities Working Group Update 23022017
- Item 3b Systems Design Update for Steering Group
- Item 3c Needs and Redistribution Working Group 23 Feb
- Item 4a - Business Rates Reform Critical Path
1 December 2016
- Agenda
- Item 2 Note of Business Rates Retention Steering Group meeting - 3 Oct
- Item 3a Responsibilities Working Group Update 01122016 (002)
- Item 3b Needs and Redistribution Working Group Update Dec 16
- Item 3c AAWG Update 251116
- Item 3d BIG Update
- Item 3e 161125 Systems Design update for Steering Group
- Item 4 Legislative Issues Table
- Item 5 Summary of Consultation responses to Steering Group
- Item 6 Update for the Steering Group with CfE analysis v2
- Item 8 Paper on Local Tax Flexibilities
- Item 9 BRR consultation - Joint London Govt response - SUMMARY - FINAL
3 October 2016
- Agenda
- Note of Meeting 7th September 2016
- Item 1 160926 Steering Group paper on risk
- Item 1A 160921 Gearing background
- Item 2 September Update on the FFR to the Steering Group
- tem 3 Pilots update for steering group - Oct
- Item 4 Responsibilities Working Group update- health and social care virtual v 1
- Item 5 Regional Events Feedback
- Item 6 LG Away Day Feedback
- Item 7A 160929 - Responsibilities Working Group Update
7 September 2016
19 July 2016
13 June 2016
- Note of meeting 13 June 2016
- Illustration of BR redistribution, assuming only two (fictional) LAs in England
- Business Rates Retention Steering Group agenda pack - 16-06-13
13 May 2016
- Note of Business Rates Retention Steering Group meeting 13 May 2016
- Localisation Of Business Rates Roundtable 13 May 2016 List Of Attendees
- Localisation of business rates - Some indicative questions to explore
April 12 2016
- Business Rates Retention Steering Group meeting minutes
- Terms of Reference of the group
- Design of the retention system
- Local Tax Flexibilities
- Needs and distribution
- Transfer of grants and responsibilities
Technical Working Group on Needs and Redistribution
10 November 2016
13 October 2016
5 September 2016
4 August 2016
- Agenda
- Resets and needs
- EPCS assessement of needs
- Taking Account of Differences in Ability to Raise Council Tax Income
- Action Points Trackers
4 July 2016
- Minutes (6 June)
- Agenda
- Paper 1 - Measuring Need
- Paper 2 – Indicators for Cost Drivers
- Indicator Database
- RNF Indicators
- IMD Changes
- 2015-16 RO Forms
- Systems Design Working group paper (for reference)
6 June 2016
- Agenda
- Cost Drivers for Local Government Services
- Revenue Outturn Expenditure data 2014-15
- Local authority comparisons of 2014-15 reported expenditure
3 May 2016
Systems Design Working Group
2 November 2016
14 October 2016
23 September 2016 (papers circulated in lieu of meeting)
2 September 2016
25 July 2016
- Minutes of meeting 7th June 2016
- Agenda
- Overview of working groups
- Timetable
- Reforming business rates appeals - Government Response
- Systems Design Paper 17-7-2016
17 June 2016
- Minutes of June 1 meeting
- Agenda
- Paper from Paul Wildsmith - principle designs report
- Paper from Steven Mair - Reform of business rates localisation - priorities
- Paper from Gordon Heath, Institute of Revenues Rating Valuation
- DCLG paper on growth and redistribution
1 June 2016
- Minutes of May 20 meeting
- Initial Central List analysis
- Reliefs
- Agenda
- Local tax flexibilities
- Varying the multiplier
- Infrastructure levy
- Infrastructure premium
- Statutory proforma
- Proforma
20 May 2016
4 May 2016
- Minutes
- Agenda
- Terms of reference
- Key topics
- Tax flexibilities
- Tax flexibilities - steering group comments
- Appeals risk
- Rates retention steering group paper
Responsibilities Working Group
19 January 2017
17 November 2016
20 October 2016
20 September 2016
21 July 2016
27 June 2016
- Minutes (3 June)
- Agenda
- Service Areas
- Devolution Deals: Discussion Paper
- Devolution Deals: Quantum
- Timeline
3 June 2016
26 May 2016
- Agenda
- Revised terms of reference
- Criteria Exsisting Grants
- Criteria Revised: New responsibilities
- Devolution of Responsibilities and Funding
- Minutes - 3rd May 2016
- Decentralisation: Issues, Principles and Practice
3 May 2016
Accounting and Accountability (Local Authorities) Working Group
21 November 2016
- Minutes
- Agenda
- Minutes of meeting 1 September 2016
- Outline Proposals
- Summary of Consultation Responses
- Update on accounting for power to reduce the multiplier
1 September 2016
- Agenda
- Terms of Reference
- Note of meetng 1 July 2016
- Mitigation Of Appeal Risk – Accounting Implications
- Local Tax Flexiblities
1 July 2016
- Agenda
- Terms of Reference
- Location Details
- Service Design Working Group - Growth and Redistribution
- Service Design Working Group - Working Paper
31 May 2016
- Meeting Notes New
- Agenda
- Terms of Reference
- 100% RATES RETENTION: Impact on Local Authority Accounting
- Powerpoint