Business rates retention scheme

• Details
• Tagged entities

Properties

Alt label

• Business rate retention scheme

SES ID

• 362764
• 362767

Notation

• 362764

In scheme

• Subject

Broader

• Local government finance

Related

• Non-domestic rates

Definition

• Passed under Local Government Finance Act 2012, to allow local authorities a 50% share of business rates revenue. Further programme in 2016-17 to allow for 100% share.

History note

• Scope note updated/clarified after PQ meeting on 23/02/2017.