Supplementary business rate angers CBI
Supplementary business rate angers CBI
- 2001
- Financial Times 3 September 2001, 4(1) .
According to business leaders the Welsh Assembly is preessing ahead with a supplementary business rate even though the idea has been dropped in England and Scotland. The planned rate means local authorities can levy up to 5% of the uniform national business rate. The CBI expressed concerns that a supplementary rate would make Welsh business less competitive by discouraging inward investment.
SUPPLEMENTARY BUSINESS RATE
WELSH ASSEMBLY
CBI
LOCAL AUTHORITIES
INWARD INVESTMENT
SUPPLEMENTARY RATES
According to business leaders the Welsh Assembly is preessing ahead with a supplementary business rate even though the idea has been dropped in England and Scotland. The planned rate means local authorities can levy up to 5% of the uniform national business rate. The CBI expressed concerns that a supplementary rate would make Welsh business less competitive by discouraging inward investment.
SUPPLEMENTARY BUSINESS RATE
WELSH ASSEMBLY
CBI
LOCAL AUTHORITIES
INWARD INVESTMENT
SUPPLEMENTARY RATES