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Business Improvement Districts

Volume 499: debated on Wednesday 11 November 2009

To ask the Secretary of State for Communities and Local Government whether an improvement in the environment due to expenditure and activity undertaken by a business improvement district is deemed by the Valuation Office Agency to be a material change of circumstance when assessing the rateable values of the hereditaments within the improvement district. (294102)

Physical improvements to the environment due to expenditure and activity undertaken by a business improvement district may, depending on the extent, nature and circumstances of the individual area, constitute a material change of circumstance, affecting rateable values of the hereditaments.