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Business Rates

Asked by Paul HolmesConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 27 November 2024UIN 15004

The question

To ask the Secretary of State for Housing, Communities and Local Government, when she next plans to reset business rate retention system.

Answered by Jim McMahon

The government is committed to pursuing a comprehensive set of reforms to public services and the local government funding system while providing as much certainty as possible.

The budget confirmed that we will update and improve the approach to funding allocations within the Local Government Finance Settlement, with further detail set out in a policy statement in November.

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