Andrew Percy – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Andrew Percy on 2016-04-25.

To ask the Secretary of State for Communities and Local Government, what assessment he has made of how much local authorities will be able to collect through business rates under the Government’s devolution proposals in (a) East Yorkshire, (b) North Lincolnshire and (c) elsewhere.

Mr Marcus Jones

The Government intends to move to 100% business rates retention in England by the end of this Parliament. We have confirmed that as part of the new system there will continue to be redistribution of local tax revenue between authorities and protections in place for authorities that see their business rates income fall significantly. Over the coming months we will be working with local government on the details of the scheme.

Ahead of final decisions, it is too early to assess what the impact will be on individual areas or authorities. However, based on their own estimates, East Riding of Yorkshire Council and North Lincolnshire Council expect to collect £106.9 million and £89.2 million in business rates respectively in 2016-17.