Non-domestic Rates

(asked on 18th March 2016) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Communities and Local Government, with reference to paragraph 1.160 of Budget 2016, what his policy is on providing compensation to local authorities for potential loss of income related to the planned reductions in business rates.


Answered by
Marcus Jones Portrait
Marcus Jones
Treasurer of HM Household (Deputy Chief Whip, House of Commons)
This question was answered on 31st March 2016

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.


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