Spending needs, tax revenue capacity and the business rates retention scheme (2018): 

The report by the Institute for Fiscal Studies looks at benefits of  a moved towards 100% rate retention.  The aim of these reforms is to provide stronger financial incentives for councils to boost local economies and tackle the underlying drivers of spending need. However, the flip side of these stronger incentives is a greater potential for councils’ revenues to diverge from their spending needs:

2018 Spending needs, tax revenue capacity and the business rate retention scheme

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