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BID-style tax for City businesses

Series: New Urban Futures ; (7) 24 January 2003, 5(1)Publication details: 2003Subject(s): Summary: Businesses in the City of London are likely to become the first in the UK to pay a supplement to their business rates to fund a Business Improvement Districts-style tax to boost security. Occupiers would face an extra 1% on their rates. The British Retail Consortium intends to lobby against the tax rise. The proposals are included in government's Local Government Bill.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB3906-20 (Browse shelf(Opens below)) 1 Available 121309-1001

Businesses in the City of London are likely to become the first in the UK to pay a supplement to their business rates to fund a Business Improvement Districts-style tax to boost security. Occupiers would face an extra 1% on their rates. The British Retail Consortium intends to lobby against the tax rise. The proposals are included in government's Local Government Bill.