Business rates retention

 

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

 

1 December 2016

 

3 October 2016

 

7 September 2016

19 July 2016

 

13 June 2016

 

13 May 2016

 

April 12 2016


Technical Working Group on Needs and Redistribution

10 November 2016

13 October 2016

 

5 September 2016

4 August 2016


4 July 2016


6 June 2016

 

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

 

17 June 2016

 

1 June 2016

 

20 May 2016

 

4 May 2016


Responsibilities Working Group

19 January 2017

17 November 2016

 

20 October 2016

20 September 2016

21 July 2016

 

27 June 2016

 

3 June 2016

 

26 May 2016

 

3 May 2016


Accounting and Accountability (Local Authorities) Working Group 

21 November 2016

 

1 September 2016

 

1 July 2016

 

31 May 2016


Business Interests Group

15 November 2016

3 August 2016

15 June 2016