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The Presidential Address. Richard Harbord CPFA FCCA IRRV ( Hons ) FIDP FBIM FRSA IRRV National President. They may be trouble ahead!. The Institute Governance Membership Finance Local Government Finance Uncertainty is the keyword Will a labour Government make any difference?
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The Presidential Address Richard Harbord CPFA FCCA IRRV (Hons) FIDP FBIM FRSA IRRV National President
They may be trouble ahead! • The Institute • Governance • Membership • Finance • Local Government Finance • Uncertainty is the keyword • Will a labour Government make any difference? • Local taxation • Council Tax • Non Domestic Rates • Welfare Reform • Housing Benefit • Universal Credit • Council Tax Reduction • SFIS • Enforcement reform • Interpretation of the regulations • Fees and charges • Valuation • The economy • Europe
The Institute • Governance • Size of Council • Council and Committee meetings • Achieving change! • Membership • Needs to grow • Back to basics • New qualifications • Finance
Local Government Finance • Uncertainty is the theme • Will a local authority go into administration? • The next Autumn Statement will be interesting • The deficit has been delegated to the poor and local government • What will be the impact of a change of government?
Local Taxation - Council Tax • The need for a revaluation • Time for a wholesale review, not tinkering around the edges • As a tax on domestic property it has been a resounding success, but • A review is needed in the light of the wider reforms • The impact of Council Tax Reduction
Local Taxation - Business Rates • Dramatic change in England • Postponement of the revaluation • Rates retention • The new proposal rules • The Valuation Office Agency • The Review • A stable element of financing local government in Northern Ireland with a revaluation in 2015 • Scotland and Wales, no change, yet!
Welfare Reform • Housing Benefit • Managing the changes • Local Government has delivered! • Universal Credit • A situation report • National Audit Office Report • Public accounts Committee • The Wave One report! • The role of local government • Single Fraud Investigation Service • Beware of Greeks bearing gifts!
Enforcement Reform • Working in partnership with the public sector • Interpretation of the new regulations • Dealing with the vulnerable debtor • Beware the media • Fees and charges • The education process • Certification
Valuation • The importance of a stable valuation profession in the current economic crisis • Maintaining professional standards • Enforcing integrity in the profession • The foundation of economic recovery • The European Union and the stimulation of property tax
European Valuation Standards • It’s rightful place in the valuation world • A position of prominence in the European Union • The 2012 standards are now published • The Recognised European Valuer (REV) is now established, and is credible measurement of quality • European Mortgage Directive