This unexpected manoeuvre could remove a sizeable chunk of tax receipts from local government coffers and widen the gulf between the south and northTax handouts to the well-off,cuts to disability benefits and accusations of “rhetorical nonsense” courtesy of the IFS – so many of the things trumpeted in final week’s foolhardy budget were swiftly rebuked, and yet theres still more to pluck from the scrawny financial carcass. commerce rate reform for one.
In among the normal white noise and bluster, or this was another cuts curve ball chucked at local government. Tumultuous doesn’t even begin to do justice to what councils have endured during the cuts era,so when the chancellor pulled plans to extend small commerce rate relief out of the hat, council leaders were worried. Continue reading...
Source: theguardian.com