This White Paper published on the 7 October 2007 (see link below) sets out the Government's proposal to introduce a power for local authorities and the Greater London Authority (GLA) to raise and retain local supplements on the national business rate, having examined carefully the potential benefits and costs, including economic impacts.
Building on the extensive public debate on reforms to business rates in England, the recommendations of the Lyons Inquiry and the commitment to consider options for business rate supplements in the review of sub-national economic development and regeneration, the Government’s proposed model for business rate supplements involves four levels of protection for business:
http://www.hm-treasury.gov.uk/media/B/9/pbr_csr07_businessrate266.pdf
Copyright © 2025 · All Rights Reserved · Institute of Revenues Rating and Valuation
Warning: Undefined array key "User_id" in /home/irrvnet/public_html/forumalert/inc_footer.php on line 4