business rate

Business Rate

A property tax on a business or other non-residential property. Business rates are used to fund local government services and projects such as road construction and improvement. Business rates are used in England and Wales; they trace their origins to at least the 16th century.

business rate

see UNIFORM BUSINESS RATE.
References in periodicals archive ?
If your business rate bill increased last year and is contributing towards financial hardship, you may qualify for the council's business rates relief scheme.
Plaid Cymru has called for a business rate relief scheme to be set up to help community hydro projects after a "ridiculous" increase in their business rates.
Adjustments to the business rate multiplier will mean that overall, receipts from business rates will remain constant in real terms following the revaluation.
A Policy Network report calls for councils to have full powers to set business rate levels, working alongside combined authorities - alongside a new system for determining what businesses pay.
Clr Sheard added that business rate relief for small businesses was vital locally, adding: "We've got to make sure that continues.
In your North East Manifesto survey, there was huge support for a business rate cut, at 47.
Ministers should also strongly lobby UK Government to retain the small business rate relief scheme beyond March, 2013.
Today the Federation of Small Businesses (FSB) called on the government to drop its plans, pointing out the uniform business rate was established in 1990 specifically to prevent councils in certain areas of the country from hitting firms with inflation-busting business rate rises.
This bonus is in addition to the standard 500 miles that AAdvantage members earn for their business rate stays at Hilton.
However for all the success of the small business bonus, we know that some aspects of the business rate system are still a source of concern for some of you.
Not only will local authorities be able to keep the monies raised by business rates, they will also be able to adopt their own rate poundage as the uniform business rate, which was introduced on 1 April 1990, is to be abolished.
Questions in the discussion paper ask for evidence and data on: the trends in use and occupation of non-domestic property; how property usage affects some sectors more than others; examples from other jurisdictions and tax; how business rates can be used to incentivise local authorities to drive growth; if increased local retention of business rate revenue would impact on business growth; what will the impacts be on local authorities; and are there other local incentives that the government should consider to further incentivise business growth?

Full browser ?