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Councils are being asked to apply for powers to retain 75% of the growth in income raised through business rates.
Nearly 190,000 companies were taken to court last year by councils over non-payment of business rates, a new investigation has revealed.
Business rates should be scrapped and local authorities should be handed a swathe of new powers to revitalise struggling town centres, a major new review has urged.
Council leaders have called on Whitehall to protect them against the risk of business rates appeals as figures reveal over 100,000 cases remain unresolved.
The further retention of business rates should be an extra source of funding for local authorities squeezed by Whitehall cuts and not a replacement for existing grants, MPs say.
From this month, a second wave of pilots have started 100% rates retention. Neil Amin-Smith and David Phillips from the Institute for Fiscal Studies examine the Government’s claims regarding these pilots.
Councils should not be financially worse off if the Government decides to reverse the controversial ‘staircase tax’, MPs have warned today.
Local authorities are missing out on millions of pounds because of an £870m cash boost to business rate pilot councils, according to a study today from the respected Institute for Fiscal Studies (IFS) think-tank.
Charity shops are ‘falling victim’ to inconsistent and unfair policies on business rates relief and waste management, charity representatives say.
The Government will need to scrap its funding reforms, significantly boost top-ups or centralise care if it is to plug the social care funding gap, the Institute for Fiscal Studies (IFS) has warned today.