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Nursing a rating headache

By: Series: Estates Gazette ; (9938) 25 September 1999, 179(1)Publication details: 1999Subject(s): Summary: Due to historic factors the rating revaluation and capital charges revaluation due in 2000 will penalise the NHS. The problem arises from the contractorsα method (see article for explanation) With a typical rise in the construction price tender index since the last revaluation of 30% and an expected fall in the rate poundage of 15%, hospital trusts can expect an increase in rates payable from 1 April 2000 of 15%.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS61459 (Browse shelf(Opens below)) 1 Available 100780-1001

Due to historic factors the rating revaluation and capital charges revaluation due in 2000 will penalise the NHS. The problem arises from the contractorsα method (see article for explanation) With a typical rise in the construction price tender index since the last revaluation of 30% and an expected fall in the rate poundage of 15%, hospital trusts can expect an increase in rates payable from 1 April 2000 of 15%.