Capital Investment: Local Government
(asked on 19th October 2022) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether her Department plans to compensate local authorities for tax revenue lost due to Investment Zones.
This question was answered on 27th October 2022
The government will compensate local authorities for the reduction in retained business rates related to the implementation of business rates reliefs in Investment Zones.