Oral Answers to Questions
Debate between Mims Davies and Nusrat Ghani
Mims Davies (Eastleigh) (Con)
1. What estimate he has made of the amount of revenue that councils will be able to collect through devolved business rates.
Nusrat Ghani (Wealden) (Con)
4. What estimate he has made of the amount of revenue that councils will be able to collect through devolved business rates.
The Secretary of State for Communities and Local Government (Greg Clark)
Councils currently retain just under £12 billion of the business rates that they collect. As a result of our reforms, we estimate that, by the end of this Parliament, councils will retain the full £26 billion raised from business rates.