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Related link summary
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Local Authority Business Growth Incentives Scheme
Departments:
- Communities and Local Government;
- HM Treasury
Related link type:
General related link
Summary:
Local authority business growth incentives provide an incentive for local authorities to promote economic growth in their area by allowing them to be rewarded for an increase in rateable value, above a certain level. It is for local authorities to decide how their reward is spent - whether to provide even better public services for their communities, invest in further business growth or to reduce council tax increases. This page gives further information.Update:
Information on grant determinations for 2009 has been added. Updated: 25 September 2009Subjects:
- Consumers, business and industry;
- Economic development;
- Economics and finance;
- Employment, jobs and careers;
- Government and public administration;
- Regional policy
Regions:
- National
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