Proceeding contribution from Brian Binley (Conservative) in the House of Commons on Wednesday, 11 March 2009. It occurred during Debate on bill on Business Rate Supplements Bill.
Business Rate Supplements Bill
I understand the thrust of the new clause and I have some sympathy with it. However, my concern is twofold. First, if the property owner is liable for the BID, at the next lease review is not the cost likely to be placed on the lease? The business user is therefore likely to face the cost anyway. Secondly, how does this relate to accounting? If there is a BID in one town but not in another, the cost may increase in one town but not in another. However, competition between the two may be keen.
Secondary information
- Type
- Proceeding contribution
- Reference
- 489 c329
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Companies Business Contributions Elizabeth line Greater London Greater London Authority Infrastructure Local government Local government finance Rates and rating Property Business rates Tax allowances Tenants Tax rates and bands Business improvement districts
- Legislation
- Business Rate Supplements Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-22 00:42:48 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_540908
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