IRRV Alert - week ending 15th January 2021
Information Letters
News
Consultations
Reports
Lords debates non-domestic ratings bills (15 January 2021)
Lords debates non-domestic ratings bills
15 January 2021 (updated on 15 January 2021)
JAN
15
2021
Members of the Lords will discuss the key principles of the Non-Domestic Rating (Lists) (No. 2) Bill and the Non-Domestic Rating (Public Lavatories) Bill, in a joint second reading debate, on Monday 18 January.
The purpose of these bills is to postpone the next revaluation for business rates in England and Wales by a year to 1 April 2023, and to introduce a 100% mandatory business rates relief for public lavatories in England and Wales.
- Watch on Parliament TV
- Read the transcript in Lords Hansard from three hours after the debate
- List of speakers (external website)
- What is second reading?
Lord Greenhalgh (Conservative), Minister of State in the Department for Housing, Communities and Local Government), will open the debate and respond on behalf of the government.
Speakers taking part include:
- Baroness Bakewell of Hardington Mandeville (Liberal Democrats), chair of the Trustees of the National Community Land Trust
- Lord Kennedy of Southwark (Labour), vice president of the Southwark Chamber of Commerce
- Earl of Lytton (Crossbench), vice president of the National Association of Local Councils
- Baroness Neville-Rolfe (Conservative), governor of the London Business School.
Non-Domestic Rating (Lists) (No. 2) Bill
This bill implements commitments made by the Government on 21 July 2020 to ensure the next business rates revaluation takes effect from 1 April 2023.
- Bills and legislation: Non-Domestic Rating (Lists) (No. 2) Bill
- Explore the Lords Library briefing
This replaces previous legislation seeking to bring revaluation forward to April 2021, which was not progressed due to the COVID-19 pandemic.
The new revaluation will be based on property values as of 1 April 2021 so that it better reflects the impact of COVID-19.
The Bill also moves the latest date by which draft rateable values must be published, from 30 September to 31 December preceding the new list coming into force, in both England and Wales.
Non-Domestic Rating (Public Lavatories) Bill
This Bill implements the commitments made by the Chancellors of the Exchequer in the Budget 2018 and Budget 2020 to introduce a 100% mandatory business rates relief for public lavatories.
- Bills and legislation: Non-Domestic Rating (Public Lavatories) Bill
- Explore the Lords Library briefing
The bill reduces the cost of running public lavatories by amending part 3 of the Local Government Finance Act 1988 to ensure that, in relation to an inherited property consisting wholly or mainly of a public lavatory, the chargeable amount will be zero.