Variations in the commercial rate
Variations in the commercial rate
- 1999
- Daily Telegraph 24 May 1999, 31(1) .
The DETR is due to publish consultation proposals as to how local authorities could vary the business rate. The plan is for all local authorities to be able to raise a supplementary 5%, with 'beacon' councils being allowed 10%. The main issues are: below what value would premises be exempt from rates; how should that be tapered and to what level; what link should there be between business rate and council tax rises; and how should businesses and councils negotiate the spending.
BEACON COUNCIL SCHEME
BUSINESS RATES
COUNCIL TAX
LOCAL AUTHORITIES
SUPPLEMENTARY RATES
The DETR is due to publish consultation proposals as to how local authorities could vary the business rate. The plan is for all local authorities to be able to raise a supplementary 5%, with 'beacon' councils being allowed 10%. The main issues are: below what value would premises be exempt from rates; how should that be tapered and to what level; what link should there be between business rate and council tax rises; and how should businesses and councils negotiate the spending.
BEACON COUNCIL SCHEME
BUSINESS RATES
COUNCIL TAX
LOCAL AUTHORITIES
SUPPLEMENTARY RATES