Proceeding contribution from Lord Redwood (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
Is that not the point? All these schemes were dreamed up in a totally different world of rising property prices, rising rentals and strong tenant demand. In a world of crashing property rentals, many voids and falling asset values, it seems that it is no longer appropriate to try to extract the added value when value is being subtracted.
Secondary information
- Type
- Proceeding contribution
- Reference
- 489 c331
- 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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- Timestamp
- 2024-04-21 10:33:28 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_540914
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