Non-Domestic Rates Team LGF – Local Taxation
SE Quarter, 2nd Floor – Fry Building
2 Marsham Street
London
SW1P 4DF
IRRV Alert - week ending 15th March 2019
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Decapitalisation rates for the 2021 business rates revaluation (14 March 2019)
Open consultation
Decapitalisation rates for the 2021 business rates revaluation
Summary
We are seeking views on the decapitalisation rates to be adopted for the 2021 business rates revaluation in England.
This consultation closes at
11:45pm on 30 May 2019
Consultation description
The government has committed to introduce more frequent business rates revaluations and will bring forward the date of the next revaluation from 2022 to 2021. Thereafter the government will move to 3 yearly revaluations ensuring rating assessments are more up to date.
This technical consultation concerns whether the government should prescribe decapitalisation rates for 2021 and, if so, how the rates should be prescribed.
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Published 14 March 2019