IFS study casts doubt over backing for 100% business rate retention

By Michael Burton | 13 September 2017

Senior councillors and directors have expressed scepticism that 100% business rates retention will bring benefits, according to analysis from the respected Institute for Fiscal Studies (IFS).

The analysis, based on two earlier surveys by The MJ/LGiU and PwC, found that most respondents were unable to identify any benefits from the current 50% business rate retention scheme (BRSS).

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Politics Business rates Councillors LGiU