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Non-domestic Rates: Business

Volume 486: debated on Tuesday 20 January 2009

To ask the Secretary of State for Communities and Local Government whether she expects the 2010 business rates revaluation to be revenue-neutral. (246546)

We expect the 2010 business rate revaluation to be revenue-neutral in real terms. The overall national multiplier is reset to ensure the total yield from business rates is unaffected by the revaluation.