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Councils would retain business rates – Pickles
Communities Secretary Eric Pickles has confirmed reports that English councils would be allowed to retain a chunk of their £19bn of their Business Rate income. Mr. Pickles was speaking at the House of...
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Review of Business Rates policy in Wales launched
An independent review of Business Rates policy in Wales has been launched by Business and Enterprise Minister Edwina Hart. The Minister has asked Professor Brian Morgan, Professor of Entrepreneurship...
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Local Government Finance Bill brings incentives
The Local Government Finance Bill will see new incentives for councils to promote local business growth while maintaining a single national business rate. On local retention of business rates Dr Adam...
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Bob Neill: Backdated port tax burden finally lifted
Port-based businesses facing unfair and unexpected backdated business rates bills can breathe a sigh of relief, Local Government Minister Bob Neill said, as Government action to waive and repay their...
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Rates deferral scheme for Scotland
Scottish companies are being reminded that they can spread the cost of the inflationary increase in business rates through the Scottish Government’s rate deferral scheme for 2012-13. The scheme gives...
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BCC comments on MPC rates decision
The British Chambers of Commerce (BCC) has commented on the Monetary Policy Committee’s (MPC) decision to keep interest rates and the Quantitative Easing programme on hold. BCC Chief Economist David...
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Call for new method of calculating business rates
The British Property Federation (BPF) has added its voice to the retail industry’s call for Government to change the method of calculating business rates, and provide struggling retailers with...
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FSB in Scotland comments business rates
The Scottish Government has announced it will postpone the next business rates revaluation until 2017. It has also launched a review into the business rates system in Scotland. Commenting on these...
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‘Spiralling’ business rate bills must be addressed in Autumn Statement – BCC
The British Chambers of Commerce (BCC) has published its Autumn Statement submission, calling on the government to freeze business rates for the next two years. Ahead of the Chancellor’s announcement...
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Autumn Statement 2013: Deloitte comments on business rates
Deloitte has commented on Business Rates ahead of Chancellor George Osborne’s Autumn Statement 2013. James Thompson, head of business rates at Deloitte Real Estate, expects the announcement to impose a...
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Local councils to receive millions in business rates from shale gas
Millions of pounds in business rates will be handed to councils in England which give the green-light to shale gas developments. The Prime Minister will announce that councils can keep 100 per cent of...
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LGA responds to government’s fracking announcement
The Local Government Association (LGA) has responded to the Prime Minister’s pledge that local authorities will keep 100% of business rates revenue collected from fracking developments. Millions of...
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CBI responds to shale gas benefits for local councils
The CBI commented on the Prime Minister’s announcement that councils can keep 100% of business rates they collect from shale gas sites. Nicola Walker, CBI Director for Business Environment, said:...
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BPF supports calls for government to commit to business rates reform
The British Property Federation (BPF) has added its voice to the calls for a fundamental shake-up of the business rates system following the publication of the British Retail Consortium’s (BRC)...
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Business rates reform starts
The Chief Secretary to the Treasury, Danny Alexander, has launched the most wide-ranging review of national business rates in a generation – paving the way for changes to how businesses across England...
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Business rates review welcomed: CBI
The CBI has repeated its call for fundamental reform of the clunky and outdated business rates system of commercial property taxation. Earlier this month the CBI held a business rates roundtable to...
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Welsh Business Rates Relief Scheme extended
A popular business rates relief scheme for companies based within Welsh Enterprise Zones was reopened for applications as the total tally of jobs created or safeguarded within the seven Zones exceeded...
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New flexibilities over business rates
Councils will get new powers to cut business rates later this month, Deputy First Minister John Swinney will announce. Local authorities will be able to lower rates bills for businesses in their area...
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Think tank sets out new model for business rates reform
Government plans to devolve business rates to local authorities fails to provide poorer areas with an incentive to grow their economies, a think tank has warned. The Institute for Public Policy...
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SMEs encouraged to apply for Port Talbot Waterfront Enterprise Zone Business...
Small and medium sized enterprises based on Port Talbot Waterfront Enterprise Zone are being reminded that applications close on 30 September for a discretionary grant scheme that could see successful...
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