Lawson, Zoe and Jones, Owen and Holland, Mark and Oak, Neeraj and Hall, Cameron and Hewitt, Ian and Wilson, Eddie and Leese, Robert (2013) Business Rates Pooling. [Study Group Report]
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Abstract
The Business Rates Retention Scheme came into effect on 1-Apr-2013. It aims to encourage Local Authorities (LAs) to increase their income from business rates in their area by ensuring that they get a financial payoff from the rates they raise locally. One aspect of it is an optional pooling scheme. This aims to encourage nearby LAs to work together by providing a financial incentive for them to be assessed jointly for business rates if they wish. DCLG wish to have ways of helping sets of LAs decide whether or not to pool which includes the unpredictability of the LAs’ income from business rates. They also wish to understand better how LAs are likely to form pools.
| Item Type: | Study Group Report |
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| Problem Sectors: | Finance |
| Study Groups: | European Study Group with Industry > ESGI 91 (Bristol, UK, 15-19 April 2013) |
| Company Name: | Department for Communities and Local Government (DCLG) |
| ID Code: | 728 |
| Deposited By: | Bogdan Toader |
| Deposited On: | 27 May 2018 18:02 |
| Last Modified: | 27 May 2018 18:02 |
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