David Morris – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by David Morris on 2016-03-04.

To ask the Secretary of State for Communities and Local Government, what estimate his Department has made of the additional revenue councils will receive from local business rates as a result of devolution deals.

Mr Marcus Jones

The Government has announced that, by the end of the Parliament, we will give all local councils new responsibilities in return for keeping 100% of locally raised business rates. In advance of 100% retention, devolution deals are already giving some areas the ability to keep 100% of the actual growth in business rates they achieve above a pre-determined baseline. This will give them an added incentive to grow their local economies and increase their income from business rates.