Essex councils clash over business rates retention pilot
A bid by Essex’s local authorities to pilot a business rates retention project worth up to £20m could be torpedoed by Thurrock Council.
Land value tax 'would benefit councils'
Replacing business rates with a land value tax could yield benefits for councils, a report has claimed.
£450bn land value rise increases pressure for new tax
Soaring land prices are expected to increase pressure for the introduction of a land value tax.
Lib Dem leader backs business rates replacement
Lib Dem leader Sir Vince Cable has called for a land value tax to replace the current business rates system.
A funding system that’s had its time
Are business rates a dinosaur tax? Tim Willis explores the pros and cons of the current business rates system for local authorities and calls for innovative new solutions.
Simplified rates retention approach mooted
A separate grant to reward councils that help Government achieve its policy objectives under business rates retention could be introduced, The MJ understands.
Government prepared to consider 'Amazon tax' - Hammond
Chancellor Philip Hammond has said the Government would be ‘prepared to consider a tax on online platform businesses based on the value generated’.
No timescale for 100% business rates retention
The Government has reaffirmed its long-term commitment to 100% business rates retention but ignored calls to detail a timeframe for implementation.
Rates retention transition on agenda for sector and Whitehall
Arrangements to minimise disruption during the transition to 75% business rates retention continue to be thrashed out.
Manufacturing can still be key to business rate income
Manufacturing across the UK is doing surprisingly well, but clouds on the horizon could hamper business rate growth, writes Michael Burton.
Forbes calls for new funding approach
Senior vice-chair of the Local Government Association (LGA), Cllr Nick Forbes, has called for a ‘very different approach’ to the way councils are funded.
Call for business rates to be scrapped
Business rates should be scrapped and local authorities should be handed a swathe of new powers to revitalise struggling town centres, a major new review has urged.
Risk warning over appeals fund delay
Government plans to introduce the central funding of business rate appeals a year after 75% rates retention pose a ‘significant risk’ for councils, Smith Square has warned.
Digital tax planned to balance 'antiquated' business rates
Calls by MPs to scrap business rates have been rejected by a Treasury minister.
LGA call amid appeals backlog
More than 133,000 firms are still awaiting appeals of their business rates valuation from 2010 to be resolved, council leaders have revealed.
CIPFA hits back at Tesco rates attack
Finance directors have hit back at criticisms made by big companies that business rates are causing the collapse of retailers on the high street.
Finance review reaches out to sector
The man heading a review into Marsham Street’s oversight of the business rates system is approaching councils for their views.
The Seattle battle is a warning over tax raising
No one ever said tax was popular, but Seattle City Council faced the wrath of big business this week in a bid to raise levies to help fight homelessness – and, unsurprisingly, big business has hit back.
MHCLG will not recover £36m overpayments
Millions of pounds overpaid to local authorities by the Government will not be recovered, Marsham Street has confirmed.
Brexit warning for Middlesbrough
Senior Middlesbrough councillors have been warned that the potential economic damage arising from Britain leaving the EU could derail its strategy for regeneration and renewal.