Steve Reed – 2016 Parliamentary Question to the Department for Communities and Local Government

The below Parliamentary question was asked by Steve Reed on 2016-04-08.

To ask the Secretary of State for Communities and Local Government, what estimate he has made of the potential effect on business rate revenue of converting all schools to academies.

Mr Marcus Jones

Loss of business rates income to local authorities under the existing 50% business rates retention scheme will be considered under the new burdens doctrine. This assesses how much new policies will cost local authorities and how they will be funded.