Unified Business Rate

Part of Oral Answers to Questions — Environment – in the House of Commons at 12:00 am on 1 April 1987.

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Photo of Christopher Chope Christopher Chope Parliamentary Under-Secretary (Department of Environment) 12:00, 1 April 1987

I cannot say exactly how long the transitional period will be, although there certainly will be such a period, but the major benefit for small businesses will be the knowledge that after the transitional period it will be impossible for the rates to rise by more than the rate of inflation.