000			01329cam a2200193 4500
001			WB3904-22
008			030129n2003 000 0 eng u
035			_a(Sirsi) u121159
245			_aBusiness rates must be reformed
260			_c2003
490			_aRICS Press Release _v(pr006) 27 January 2003
520			_aUK businesses are paying about £3.5bn too much in business rates over a five-year period is the verdict of property research body OPD's report commissioned by RICS, the Institute of Revenues Rating and Valuation (IRRV) and the Rating Surveyors Association (RSA). It is the first comprehensive analysis of the real impact of the business rates system on businesses and revenue. It offers alternatives to the government's proposals for transitional arrangements schemes about to be debated in connection with the Local Government Bill. It aims to rectify the unfair rates suffered by small business since the phasing-in of the new rates bills three years ago.Full report is available at http://www.rics.org/downloads/research_reports/TRR_full_report_final.pdf ;executive summary at http://www.rics.org/downloads/static/TRR_exec_summary_final.pdf
590			_aWB
650			_aBUSINESS RATES
650			_aREVALUATION
650			_aUNIFORM BUSINESS RATE
690			_aRATING AND LOCAL TAXATION
942			_n0
999			_c71991 _d71991