Increases in the rate of council tax are not to be expected as a result of the local government's transition to International Financial Reporting Standards, CIPFA has announced. The move to IFRS will result in changes to the way councils account for holiday pay. On its own, this could lead to rises in council tax, but CIPFA remains confident that the government will try to prevent this from happening. Discussions have been held between CIPFA and the Department for Communities and Local Government and the devolved administrations of Scotland, Wales and Northern Ireland over concerns about how the impact of IFRS can be minimised or at best, avoided on council tax and housing rents. A consultation paper has been released showing the substantial progress that CIPFA and local governments have already made in this area and it anticipates that measures will be in place in time for authorities to set their 2010/11 budgets. Public comments on the consultation about the transition to IFRS are invited until 11 September.