Cheered by 'fair' cap on rate rises

Cheered by 'fair' cap on rate rises - 1999 - Financial Times 26 November 1999, 2(1) .

Government plans to cap business rate increases at 12.5% next year, were welcomed by business as fair. Small businesses will also be offered extra protection in the form of transitional relief, of which first year rate rises will be capped at 5%.


TRANSITIONAL RELIEF
RATE RELIEF
SMALL BUSINESSES
BUSINESS RATES