Budget relief threat to council cash flow

Article Abstract:

Local government councils may have difficulties in collecting business rates as changes affect the business rates transitional arrangements. Under assumption of lower rates, businesses could delay payment, severely affecting collection by local authorities. The revised business rates will favorably affect approximately half a million English and Welsh businesses which were anticipating real term increases of from 10% to 20% for the 1992 to 1993 period. Savings to businesses resulting from the transitional arrangement changes are expected to reach 320 million pounds sterling.

Taxation, Tax policy, United Kingdom. Department of the Environment

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Can departmental reports improve accountability?

Article Abstract:

The idea of government departmental reports in the United Kingdom emanated from the need to improve the information flow concerning public expenditures between Parliament and local authorities. The system of reporting implemented in 1991 gives departments much leeway in the choice of expanding and choosing extra information to be relayed. This increased information is a boon to public interest groups. However, if accountability to the public is to be taken seriously, the reports have to be made available to them at a reasonable price.

Evaluation, Reports, Economic policy, Expenditures, Public, Public expenditures, Financial statements

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