Question to the Department for Levelling Up, Housing & Communities:
To ask Her Majesty’s Government what assessment they have made of the financial effect of the Budget announcement of changes to business rates relief on (1) local government across England, (2) councils in South Yorkshire, and (3) Sheffield City Council.
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.