The 11 March 2020 Budget documents include Terms of Reference for a “fundamental” Review of the Business Rates System, setting out the Review’s objectives, scope and governance, with a view to the Review reporting in Autumn 2020. An objective is to improve the current system, and to consider more fundamental changes in the medium-to-long term, including alternatives to business rates. The scope will not consider the overall level of funding for local government.
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