Saturday, 30 October 2010

Business rates white paper

The coalition government will produce a White Paper which will commit them to look at how local councils can have greater discretion over the business rates.

It is mad that councils have little control over the setting of rates locally. Town centres like Bracknell's could be more vibrant if councils can control their own rates. Business rates are set by government, they are collected by the councils and the funds are distributed nationally according to population and other means.

I don't have a problem with the government collecting some of this money and these funds being redistributed. But I do think that council's should be able to keep more of the rates collected and to vary the price so that they can keep rates down in certain areas or charge more to those business that can afford them. This would allow small business and independent shops to find their way back into our town centres and high streets rather than the endless charity shops and council should charge more for out of town retail parks.

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