West Berkshire Council

West Berkshire joins Business Retention Rates Pilot

Graphic - Coins piled up

Issued on: 21 December 2017

 

West Berkshire Council is delighted by the recent announcement by the Secretary of State for Communities and Local Government that the whole Berkshire area will be included in the 100% business rates retention pilot.

Allowing West Berkshire to retain the business rates could mean a financial boost to West Berkshire of up to £2 million.

Graham Jones, Leader of West Berkshire Council said: "This decision is most welcome. At a time when all councils are becoming increasing cash strapped, the business rates will provide a much needed boost to West Berkshire's finances. We are now in a position to firm up budget plans in the New Year and look forward to using this cash injection to support our services and as a solid base on which to build and strengthen economic development in our district."