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> Business Rate Retention
blackdog
post Jun 22 2017, 09:15 AM
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Someone commenting on the Queen's Speech yesterday noted that the Tory plans on Business Rate Retention were not mentioned - implying that this means that they won't go ahead.

Bad news for West Berkshire if this is the case.
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Berkshirelad
post Jun 23 2017, 10:14 AM
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Could be because it is already in law...

It would only be in the Queen's Speech if they intended not to do it
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blackdog
post Jun 23 2017, 11:35 AM
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QUOTE (Berkshirelad @ Jun 23 2017, 11:14 AM) *
Could be because it is already in law...

It would only be in the Queen's Speech if they intended not to do it


Nice idea, but sadly not the case. https://transport-network.co.uk/100-busines...n-dropped/14200

Latest news on the Local Government Finance Bill 2016-17 (http://services.parliament.uk/bills/2016-17/localgovernmentfinance.html)

The Bill was to be considered at Report Stage and Third Reading.

However, as a General Election has now been called and Parliament will be dissolved from 3 May 2017, the Bill falls and no further action will be taken.


Seems to me that this was a Cameron/Osborne localisation idea that doesn't fit with May's Tory party.
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Berkshirelad
post Jun 23 2017, 12:32 PM
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Thank you for that - I hadn't realised that it was due in this year's Finance Bill - I thought it had been done and dusted from one of Osborne's
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Simon Kirby
post Jun 23 2017, 06:53 PM
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QUOTE (blackdog @ Jun 22 2017, 10:15 AM) *
Someone commenting on the Queen's Speech yesterday noted that the Tory plans on Business Rate Retention were not mentioned - implying that this means that they won't go ahead.

Bad news for West Berkshire if this is the case.

Very good point.


--------------------
Right an injustice - give Simon Kirby his allotment back!
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blackdog
post Jun 23 2017, 08:13 PM
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QUOTE (Berkshirelad @ Jun 23 2017, 01:32 PM) *
Thank you for that - I hadn't realised that it was due in this year's Finance Bill - I thought it had been done and dusted from one of Osborne's

It was not the annual Finance Bill but a special Local Government Finance Bill - the last was in the 1990s (I think).
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