Written Question·Ministry of Housing, Communities and Local Government·UIN 15001
Local Government Finance
Tabled: 19 November 2024
Answered: 27 November 2024
Question
Paul Holmes
Conservative — Hamble Valley
To ask the Secretary of State for Housing, Communities and Local Government, how much and proportion of local government core spending power was compromised of locally-retained business rate receipts in the 2024-25 financial year; and what estimate her De
Answer
Jim McMahonLocally retained business rates are £13.5 billion or 21% of LGFS CSP in 24/25.Information for 2025-26 will be included in the forthcoming Local Government Finance Settlement.