Proceeding contribution from Nick Raynsford (Labour) 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 tabled the new clause to provide an offset for property occupiers who currently have a liability to pay a BID levy and will also be affected by business rate supplement. The right hon. Gentleman will have heard me say clearly that I would leave it to the BID board to determine what the basis of the levy on owners should be and the amount it would seek to collect. I would expect it to be used to offset the contribution of occupiers; in other words, the extra contribution from owners would offset the liability of the occupiers, which would reduce their contribution and make it less burdensome to meet the additional demand of the business rate supplement. I cannot give an absolute guarantee on that because it would depend on individual circumstances. I hope that the right hon. Gentleman will recognise that that is necessary if we are to leave the control of these operations at a local level, with the board covering the businesses and the levying authority.
Secondary information
- Type
- Proceeding contribution
- Reference
- 489 c334
- 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
Librarians' tools
- Timestamp
- 2024-04-21 10:33:37 +0100
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_540921
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_540921
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_540921