Local government resource review: technical papers
Technical papers explaining how the government's proposed business rates retention scheme would work.
Applies to England
Documents
Details
On 18 July 2011, the Department of Communities and Local Government published a consultation paper, Local government resource review: proposals for business rates retention, setting out proposals for a rates retention scheme to replace the current local government finance system.
The overview provides a technical summary of how the scheme would work. Various elements of the scheme are discussed in detail in the 8 technical papers.
An interactive calculator can be found on the pooling prospectus page.