Title

FINANCE

Councils' revenue set to rise DCLG claims

Figures collated by the DCLG indicate nearly two thirds of councils expect to gain extra revenue from move to localised business rates.

Nearly two thirds of councils expect to gain extra revenue from the first year of the move to localised business rates, figures collated by the DCLG have indicated.

Local authorities in England are forecast to collect an estimated £21.6bn in non-domestic rates in 2013/14, of which half, some £10.8bn, would be returned as the central government's share, statistics released last week reveal.

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?