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Written question asked by Jamie Reed (Labour) on Wednesday, 3 February 2016, in the House of Commons. It was due for an answer on Monday, 8 February 2016 (named day). It was answered by Marcus Jones (Conservative) on Monday, 8 February 2016 on behalf of the Department for Communities and Local Government.


Non-domestic Rates: Copeland

Question

To ask the Secretary of State for Communities and Local Government, what assessment he has made of the potential effect on Copeland Borough Council's spending power of reforms to business rates announced in the Summer Budget 2015.

Answer

The Government has announced reforms to the business rates retention scheme which mean that, by the end of this Parliament, local government will keep 100% of locally raised business rates and 100% of the growth generated by new development. Over the coming months we will be working with local government on the details of the scheme.

Ahead of final decisions, it is too early to assess what the impact of the reforms will be on individual areas' spending power.


Secondary information

Type
Written question
Reference
25834
Session
2015-16
Related items
Non-domestic Rates: Copeland
Wednesday, 6 July 2016
Written questions
House of Commons
Grouped for answer
Yes
Transferred
Yes
Subjects
Business rates Copeland
Contains statistics
Yes
Link
View this Written question on www.parliament.uk