To ask the Secretary of State for Communities and Local Government, what assessment he has made of the potential effect of the Government's proposed changes to business rates on (a) Liverpool Walton constituency, (b) Liverpool City Council, (c) the North West and (d) the Liverpool City Region Combined Authority area.
Answered on
27 October 2015
Liverpool City Council is forecast to collect £190 million in 2015/16, while for the Liverpool City Region Combined Authority Area the total forecast is £466 million. The 45 local authorities that comprise the North West are expected to collect £2,588 million in 2015/16.
The Government intends to move to 100% business rates retention for the local government sector across England by the end of this Parliament. As part of the new system, there will continue to be a redistribution of local tax revenue between authorities, with protections in place for authorities that might see their business rates income fall significantly. Over the coming months we will work with local government on the detail of these reforms.