This strategy commits to a series of measures to fix the broken local audit system, including:
A local audit vision with eight core principles.
The establishment of a statutory and independent Local Audit Office (LAO), with five strategic responsibilities - coordinating the system, contract management, ownership of the Code of Audit Practice, quality oversight and reporting.
Mandating audit committees.
The government is also consulting on a number of specific proposals as part of this strategy, including:
Potential additional functions of the new LAO.
Simplifying financial reporting requirements to ensure they are proportionate.
Improvements to enhance capacity and capability in the local audit sector, such as the introduction of public provision.
Strengthening the relationship between local bodies and their auditor.
Reforming the audit regime.
The paper is found at Local audit reform: a strategy for overhauling the local audit system in England - GOV.UK.
Closing date for responses is 29 January 2025.
The Scottish Government sought views on the introduction of a new tax - the Building Safety Levy - in Scotland. This levy would take the form of an additional charge on new residential development, to be paid by housebuilders. Revenue raised from this levy would support the Scottish Government's work to remediate cladding in existing residential buildings.
The questions in this consultation were grouped into the following sections:
The principles of introducing a Levy on new housebuilding, to support cladding remediation work.
The scope of the Levy - who should pay, and who should be exempt.
How the Levy should be calculated.
How the Levy should operate - when will it be charged, and how will it be collected.
Compliance - what kind of powers might be needed to enforce the Levy.
Duration - how long the Levy should run for.
Impacts - how housebuilders and the wider housing supply chain might be affected by the introduction of the L
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