Consultation on Technical Adjustments to the Business Rates Retention System in Response to the Non-Domestic Rating Bill

Closed 2 Nov 2023

Opened 28 Sep 2023

Overview

The Non-Domestic Rating (NDR) Bill, currently before Parliament, brings forward changes to the ways that business rates multipliers will be calculated and applied.  Subject to the passage of the Bill through Parliament, it is anticipated that the changes could be implemented from 2024/25.  

As a consequence of the Bill changes, we are considering making technical amendments to how we administer the Business Rates Retention System (BRRS). These amendments would be necessary to maintain the accuracy of levy and safety net payments and future income compensation paid to local authorities for the impact of tax policy decisions. We intend to implement these technical changes to the BRRS for 2024/25 to align with the commencement of the provisions in the Non-Domestic Rating Bill relating to multipliers.  

This consultation seeks views on the technical adjustments that we propose to make. It particularly welcomes views from councils, their representative groups and sector experts.  

Why your views matter

This consultation is an important step in the development of technical adjustments to the Business Rates Retention system in response to the Non-Domestic Rating Bill. Responses to this consultation will help inform advice to ministers on proposals.

We particularly welcome views from Local Government, Local Government representative groups and sector experts.