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This consultation covers proposals for an updated technical adjustment to the Business Rates Retention system in response to the Non-Domestic Rating Bill.
This consultation closes at
11:59pm on 2 November 2023
The Non-Domestic Rating Bill, currently before Parliament, brings forward changes to the ways that business rates multipliers will be calculated and applied. Subject to the passage of the Bill through Parliament, it is anticipated that the changes could be implemented from 2024/25.
As a consequence of the Bill changes, we are considering making technical amendments to how we administer the Business Rates Retention System (BRRS). These amendments would be necessary to maintain the accuracy of levy and safety net payments and future income compensation paid to local authorities for the impact of tax policy decisions. We intend to implement these technical changes to the BRRS for 2024/25 to align with the commencement of the provisions in the Non-Domestic Rating Bill relating to multipliers.
The government seeks views on its proposals, principally on the updated technical adjustments that we propose to make. It particularly welcomes views from councils, their representative groups and sector experts.
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BRR Operations, Local Government Finance Stewardship, Local Government Finance
Department for Levelling Up, Housing and Communities
2nd Floor, Fry Building
2 Marsham Street
London
SW1P 4DF
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Published 28 September 2023
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