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Firms fund study to save £25m tax

Philippa Batting, managing director of Buckinghamshire Business First

Philippa Batting, managing director of Buckinghamshire Business First

Firms across Bucks have pulled together to pay for a report which could help save taxpayers £25million and mean more money is spent on business-friendly initiatives.

Only £900 more needs to be raised towards the £25,000 required for top accountants Ernst & Young to look into the amount that could be saved by reducing the number of councils across the county.

Philippa Batting, managing director of Bucks Business First (BBF) said: “Buckinghamshire businesses are very keen to discover the facts relating to the impact that could be achieved by reducing the number of councils in the county.

“We have until the end of July to raise the full £25,000 we need to carry out this vital research to ensure we can have an informed debate about the positives and negatives of different unitary authority models.

“We would encourage those who haven’t done so already to donate to the cause.Just a small donation could make a massive difference.”

It has been suggested that a restructuring of local government could save £25 million.

Businesses have suggested money saved from such a move could be used on fixing 300,000 potholes, bringing superfast broadband to the whole of the county and reducing council tax by £100 for every home in the county.

Ms Batting said: “There is a definite appetite among businesses for changing the council structure.

“They haven’t said they want it done in a certain way necessarily but if it is cost-effective it would be welcomed.”

 

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