Empty properties: don’t forget that Business rates also pay for public services
1 Articles
1 Articles
Empty properties: don’t forget that Business rates also pay for public services
The headline issue during Derby City Council’s annual budget setting process is the percentage increase in the Council Tax. A subject that caused much emotion this year. Of the £350m Council funding in 2025/26, the split is: £131m – Council Tax £49m – Retained Business rates The balance of £170m comes from central Government Grants. Derby City Council’s budget meeting agreed to reduce the proposed Council Tax rise for 2025/26 from 4.99% to 3.99…
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