Business rates retention and shale oil and gas: technical consultation
Applies to England
Read the full outcome
Detail of outcome
In October 2014 the government consulted on proposals to allow local government to retain 100% of business rates on shale oil and gas sites. This document provides a summary of the responses to the consultation and the government’s response.
Original consultation
Consultation description
In January 2014 the Prime Minister announced that local authorities will be able to keep 100% of business rates from shale gas sites (which will also include shale oil).
The consultation includes draft regulations which define the sites on which 100% retention of business rates will apply. It also sets out the arrangements for sharing that revenue between the different tiers of local government.
Documents
Updates to this page
Last updated 23 January 2015 + show all updates
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Added summary of the responses and government response.
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First published.