FINANCE

100% rates retention Bill revealed

Much-anticipated framework legislation that will pave the way for local government to retain all of the business rates it collects by 2020 has been published.

Much-anticipated framework legislation that will pave the way for local government to retain all of the business rates it collects by 2020 has been published.

Whitehall has insisted the Local Government Finance Bill will ‘not close down any issues at all' and promised further consultation on the new finance system.

Dan Peters

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