Issue details
Business Rates - 100% Retention Pilot
The Government is introducing pilot schemes in 2017/18 in advance of full 100% business rate retention later in the parliament. Only authorities with signed devolution deals are eligible to be in a pilot: the pilot for the West of England would therefore include B&NES, Bristol and South Gloucestershire. The 100% pilot would give the West of England authorities the opportunity to retain 100% of any business rates growth over the next two to three years, with no downside financial risk. It also gives the West of England authorities the opportunity to help shape the national scheme.
Decision type: Key
Decision status: Approved
Notice of proposed decision first published: 09/09/2016
Decision Type: Key Decision;
Decision due: Not before 15th Oct 2016 by Cabinet Member - Finance and Efficiency
Lead director: Strategic Director - Resources
Contact: Tim Richens, Director of Commercial Email: tim_richens@bathnes.gov.uk Tel: 01225 477468.
EFP Reference: E2907
Decisions
- 17/10/2016 - Decision to participate in a 100% Business Rates Retention Pilot commencing 1 April 2017
Documents
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