Communities and Local Government written question – answered at on 8 May 2008.
To ask the Secretary of State for Communities and Local Government what the equivalent percentage rise in average business rate bills will be in a local authority area which levies the maximum supplementary business rate.
It is not possible to calculate the equivalent percentage increase in average business rate bills in a local authority area which levies the maximum business rate supplement, as it will depend on a number of factors, some of which can not be predicted. These include the level of the non-domestic rating multipliers before and at the time the supplement is levied and whether the property is in receipt of any rate relief. In addition, as announced in "Business rate supplements: a White Paper", all properties with a rateable value of £50,000 or less will not have to pay the supplement, thus excluding the vast majority of business properties in England. Those authorities levying supplements will also be able to decide whether there should be an offset for ratepayers contributing to BIDs.
Yes1 person thinks so
No1 person thinks not
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