A Revolution in Devolution?
Muldoon-Smith, Kevin
A Revolution in Devolution? - 2015 - Estates Gazette (1547) 28 November 2015, 102-104(3) .
Considers how recent business rates announcement from the Chancellor will affect the commercial property sector. Includes discussion on business rate retention proposals which promises to extend the right of local authorities to retain 50% of any growth in business rate revenue and increase this to 100%. Notes that surprisingly the recent announcements have ignored the issue of empty property rates which is arguably a missed opportunity.
United Kingdom
A Revolution in Devolution? - 2015 - Estates Gazette (1547) 28 November 2015, 102-104(3) .
Considers how recent business rates announcement from the Chancellor will affect the commercial property sector. Includes discussion on business rate retention proposals which promises to extend the right of local authorities to retain 50% of any growth in business rate revenue and increase this to 100%. Notes that surprisingly the recent announcements have ignored the issue of empty property rates which is arguably a missed opportunity.
United Kingdom