Proceeding contribution from Lord Bates (Conservative) in the House of Lords on Tuesday, 9 June 2009. It occurred during Debate on bill on Business Rate Supplements Bill.
Business Rate Supplements Bill
My Lords, I am not quite sure whether I should support this measure. The noble Lord managed to inspire me as part of his previous contribution. At this stage of the Bill, reaching Clause 22 on administrative expenses, he has probably done something towards the opposite in terms of talking through on this amendment on collection or recovery. There is an entirely serious point wrapped up in the amendment. It gives us an opportunity to talk about what the administrative costs would be. Clause 22(3) states: ""If the chargeable period of a BRS begins, or a variation of a BRS takes effect, later than the first day of a financial year, the levying authority may not, in respect of that financial year, act in reliance on provision made by virtue of subsection (1)"." That will therefore probably be coterminous with the collection period for the business rates in general. As boroughs are the collecting authority, one would hope that efficiencies would be introduced so that costs could be minimised. Therefore, the maximum amount is made available to go into the given project by combining business rates into one bill. I am happy to listen to what the noble Lord says in response to that point, and I will lend our support if needed.
Secondary information
- Type
- Proceeding contribution
- Reference
- 711 c542
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Companies Business Elizabeth line Greater London Local government Rates and rating Business rates Surcharges Business improvement districts
- Legislation
- Business Rate Supplements Bill 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 12:03:49 +0100
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