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Neil Amin-Smith: Research reveals 100% rates retention pilots are not cost-neutral

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When the government announced 100% business rates retention pilots it said the scheme would be “cost-neutral”. However, research by the Institute for Fiscal Studies

Paul Guilliotti, director of Financial Services, Richmond and Wandsworth Councils argues that current high funding levels should be approached with caution as marginal changes to discount rates can potentially have a significant impact.

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