Ministers consider transferring business rate funds to English regions
Exclusive: devolving tax is part of plans to give local areas more power in areas including justice, health and education Ministers are considering handing over billions of pounds raised by business rates to regional mayors as part of one of the biggest shake-ups of the English tax system in recent years. Steve Reed, the local government secretary, said the government was working on plans to devolve the tax, which has been the subject of recent protests by pubs and other hosp
The government is exploring the possibility of transferring billions in business rate revenue to regional mayors. This move is part of broader efforts to increase local authority power in areas like health, education, and justice. The proposal has sparked debate, with some local leaders supporting the idea. Business rate taxation has been a point of contention, especially among hospitality sectors. The plan reflects a major shift in England's tax structure. The government is currently refining the details of the proposal. This change could significantly impact how funds are allocated across regions.
The proposal could reshape local governance and funding distribution in England.
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