business rate

(redirected from Business rates)

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 ?
TIME is running out for Charnwood companies to apply for financial support if they have experienced hardship caused by changes to business rates.
A BAR that blamed its closure on rising business rates had debts of more than PS200,000 before shutting its doors.
ENGLISH and Welsh councils are believed to have unleashed bailiffs on nearly 41,000 firms that struggled to pay higher business rates following the government's controversial revaluation last year.
RETAIL Portas calls for business rates freeze THE Government's former high street tsar Mary Portas is calling for the Chancellor to freeze business rates ahead of tomorrow's Budget, saying the future of independent retailers hangs in the balance.
BUSINESS rates bills have been an important issue for small businesses in Wales this year.
FEARS that a hike in business rates could kill offcommunity hydro projects in North Wales have sparked demands for Welsh Government action.
The government is set to announce a revaluation of business rates which will ensure fairer bills for businesses up and down the country as part of creating an economy that works for everyone.
COVENTRY looks set to lose out on PS27million under new business rates rules set to come in under the West Midlands Combined Authority.
Ken Barclay FORMER RBS Scotland chair Ken Barclay has been appointed by the Scottish Government to lead an independent review on business rates.
From 2020, local authorities will have the power to keep 100% of business rates income.
8 billion a year with a radical overhaul of business rates, a new report states.
A BUSINESS rates revolution will be worth more than PS150m to Teesside.

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