More frequent revaluations needed
Language: English Series: Estates Gazette ; (0920) 23 May 2009, 94-96(3)Publication details: 2009Subject(s): Summary: Explains the purpose behind the revaluation of Uniform Business Rates (UBR). This concerns the adjustment of liability in order to reflect the changing ability of an occupier to pay the tax. Changes in the ability to pay are reflected in changes in the rental value of property. Revaluations are currently carried out every five years. Suggests more regular revaluations such as every three years. Comments on Sir Terry Leahy's address to the British Council of Shopping Centres made in November 2008 to postpone the 2010 revaluation. See L147765 for arguments against the 2010 Revalution.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L147750 (Browse shelf(Opens below)) | 1 | Available | 147750-1001 |
Explains the purpose behind the revaluation of Uniform Business Rates (UBR). This concerns the adjustment of liability in order to reflect the changing ability of an occupier to pay the tax. Changes in the ability to pay are reflected in changes in the rental value of property. Revaluations are currently carried out every five years. Suggests more regular revaluations such as every three years. Comments on Sir Terry Leahy's address to the British Council of Shopping Centres made in November 2008 to postpone the 2010 revaluation. See L147765 for arguments against the 2010 Revalution.