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Non-Domestic Rates: Parking

Volume 498: debated on Wednesday 28 October 2009

To ask the Secretary of State for Communities and Local Government whether hereditaments which are levied on a workplace parking levy will receive any reduction in the rateable value calculated for their business parking spaces for business rates purposes. (293418)

Rating is a tax on the rental value of non-domestic properties. If the imposition of a workplace parking levy in a town causes the rental values of affected hereditaments to fall then it is likely rateable values will be reduced by a similar amount.