Sue Hayman – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Sue Hayman on 2016-01-18.

To ask the Secretary of State for Communities and Local Government, if he will make it his policy to allow local authorities to retain business rates generated by new-build nuclear power stations.

Mr Marcus Jones

Local authorities in England already retain 50% of the busines rates generated by nuclear power stations. In October, we announced that by the end of this Parliament, local govenrment would be allowed to keep 100% of their local business rates. We will be developing the details of the new scheme over the coming months in discussion with local government and other interested parties.