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Non-domestic Rates: Ports

Volume 480: debated on Wednesday 8 October 2008

To ask the Chancellor of the Exchequer whether an impact assessment has been produced in relation to the Valuation Office Agency's decision to (a) increase business rates on port and shipping companies and (b) backdate the higher rateable values. (224525)

The regulatory changes in relation to ports introduced from 1 April 2005 concerned the valuation basis on which the statutory designated port operators' occupations are assessed (moving from a “formula” to a “conventional” basis). They did not change the law regarding what should or should not be separately assessed, under which the present action is being taken.

Valuation officers have no discretion over the effective date from which alterations in assessment take place, which is prescribed by separate regulation of general application. The valuation officers are simply discharging their normal functions, so no impact assessment has been undertaken by or on behalf of HM Treasury.