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FINANCE PAPERS DISAPPOINT IRRV

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The government's finance green papers represent a disappointing lost opportunity, benefits and valuation officers h...
The government's finance green papers represent a disappointing lost opportunity, benefits and valuation officers have warned.

Roger Young, national president of the Institute of Revenues, Rating and Valuation, told IRRV's conference in Chorley this week the papers contained little fresh thinking.

He called on ministers to enshrine regular revaluation in legislation and expand councils' ability to raise money locally.

'If local authorities are to be true community leaders they must raise more of their own money from local sources.

'The 'top-up' business rate the government is proposing will help with this, but only to a limited extent,' Mr Young said.

He also criticised the absence of proposals to reform council tax.

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