Lord Kennedy of Southwark – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Lord Kennedy of Southwark on 2016-03-17.

To ask Her Majesty’s Government what is their estimate of the additional expenditure reductions that will be required of local authorities following the announcement of the changes to business rates made in the Budget.

Baroness Williams of Trafford

These tax cuts provide significant support to local businesses. The Small Business Rate Relief measure announced at the Budget will mean 600,000 of the smallest businesses will not have to pay business rates.

Local authorities will be compensated in full for their loss of income as a result of these changes.