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Speech in Commons Chamber - Tue 05 Feb 2019
Local Government Finance

"When the Conservatives were in government in the early ’90s and they had to consign the community charge to the dustbin of history, they brought in the council tax and everyone breathed a sigh of relief. The trouble with the council tax is that it depends on there being a …..."
Ian Mearns - View Speech

View all Ian Mearns (Lab - Gateshead) contributions to the debate on: Local Government Finance
Written Question
Non-domestic Rates: North East
Thursday 29th October 2015

Asked by: Ian Mearns (Labour - Gateshead)

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Communities and Local Government, what assessment he has made of the potential cumulative financial effecr by 2021 on the twelve local authorities in the North East of the Government's proposal to localise business rates.

Answered by Marcus Jones

The Government intends to move to 100% business rates retention in England by the end of this Parliament. We have confirmed that as part of the new system there will continue to be redistribution of local tax revenue between authorities and protections in place for authorities that see their business rates income fall significantly. 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 will be on individual areas or authorities, but before the start of the financial year, local authorities in the North-East estimated that the total business rates income for 2015-16 would be £854.58 million.