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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

When the BIDs were introduced, some people in the business community expressed the fear that local authorities would simply substitute business contributions for their expenditure. I am pleased to say that actual practice on the ground has shown the business community to be pretty canny, on the whole. Its members vote in favour of BIDs only when they have been reassured by the local authority that it will continue and in some cases enhance its contributions to those areas. I would expect there to be a similar positive and constructive dialogue between the two parties in the context of the owners levy that I am proposing.


Secondary information

Type
Proceeding contribution
Reference
489 c342 
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