The number of hereditaments in England with a special category (SCAT) code of (b) 226 (Public Houses/Pub Restaurants (National Scheme)) (a) 227 (Public Houses/Pub Restaurants (Inc. Lodge) (National Scheme)) and (c) 303 (Wine Bars) as at the appropriate dates is as follows:
England 226 227 303 1 April 2005 47,766 318 999 1 April 2006 47,398 335 1,020 1 April 2007 46,935 341 1,032 1 April 2008 46,417 347 1,023 1 April 2009 45,802 351 1,023
[holding answer 26 October 2009]: Under schedule 7 of the Local Government Finance Act 1988 the increases in the business rates multipliers each year are capped by the previous September's RPI. Under the same legislation, the multipliers will also be adjusted to ensure that the overall tax yield does not increase as a result of the 2010 revaluation. The September 2009 RPI of -1.4 per cent will exert a downward pressure on the multipliers and on 2010-11 rates bills, reducing the overall tax yield in cash terms.
The five-yearly business rates revaluations make sure each business pays its fair contribution and no more by ensuring the share of the national rates bill paid by any one business reflects changes over time in the value of their property relative to others. The 2010 revaluation will not raise a single extra penny for Government.
Over a million properties will see their business rate liabilities come down as a result of revaluation. The Government intend to put in place a £2 billion relief scheme to limit the impact on the minority with bill increases. This is on top of the wider support available to help ease business pressures including discounted rate bills for small businesses and deferring tax payments.
[holding answer 26 October 2009]: The multipliers are set in accordance with schedule 7 of the Local Government Finance Act 1988. The increases in the small business rate multiplier each year are capped by the previous September's RPI. Under the same legislation, the multipliers will also be adjusted to ensure that the overall tax yield does not increase as a result of the 2010 revaluation.
The national non-domestic multiplier, as in previous years, will be found by adding to the small business multiplier an amount to recover the cost of the small business rate relief scheme. The Government have no plans to amend the way that the multipliers are calculated.
The five-yearly business rates revaluations make sure each business pays its fair contribution and no more by ensuring the share of the national rates bill paid by any one business reflects changes over time in the value of their property relative to others. The 2010 revaluation will not raise a single extra penny for Government.
Over a million properties will see their business rate liabilities come down as a result of revaluation. The Government intend to put in place a £2 billion relief scheme to limit the impact on the minority with bill increases. This is on top of the wider support available to help ease business pressures including discounted rate bills for small businesses and deferring tax payments.
[holding answer 26 October 2009]: The multipliers are set in accordance with schedule 7 of the Local Government Finance Act 1988. The increases in the small business rate multiplier each year are capped by the previous September's RPI. Under the same legislation, the multipliers will also be adjusted to ensure that the overall tax yield does not increase as a result of the 2010 revaluation.
The national non-domestic multiplier, as in previous years, will be found by adding to the small business multiplier an amount to recover the cost of the small business rate relief scheme. The Government have no plans to amend the way that the multipliers are calculated.
The Department will publish the provisional multipliers in due course and these will be confirmed after the Local Government Settlement is confirmed in the New Year.
[holding answer 26 October 2009]: Under schedule 7 of the Local Government Finance Act 1988 the increases in the small business rate multiplier each year are capped by the previous September's RPI. Therefore the September 2009 RPI of -1.4 per cent will exert a downward pressure on the multipliers cited in the Department's consultation on transitional arrangements.
The national non-domestic multiplier, as in previous years, will be found by adding to the small business multiplier an amount to recover the cost of the small business rate relief scheme.
The five-yearly business rates revaluations make sure each business pays its fair contribution and no more by ensuring the share of the national rates bill paid by any one business reflects changes over time in the value of their property relative to others. The 2010 revaluation will not raise a single extra penny for Government.
Over a million properties will see their business rate liabilities come down as a result of revaluation. The Government intend to put in place a £2 billion relief scheme to limit the impact on the minority with bill increases. This is on top of the wider support available to help ease business pressures including discounted rate bills for small businesses and deferring tax payments.