Communities and Local Government written question – answered at on 15 October 2012.
To ask the Secretary of State for Communities and Local Government what consideration he has given to extending business rate retention to include low-carbon energy projects.
The Government's proposals for business rates retention will enable local authorities to benefit from the business rates paid by all businesses in their area, including those from low-carbon energy projects.
In addition, the rates retention proposals have been designed to ensure that the business rates from any new renewable energy projects are not taken into account in the calculation of local/central share payments, top-up or tariff payments, levy payments or subject to any reset. This ensures that the authority keeps all of the business rates from such projects.
Yes0 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.