Business Rates in England and Wales

Business rates is the commonly used name of non-domestic rates, a tax on the occupation of non-domestic property. Rates are a property tax used to fund local services that dates back to the Elizabethan Poor Law of 1601. The Local Government Finance Act 1988 introduced business rates in England and Wales from 1990, repealing its immediate predecessor, the general rate. The act also introduced business rates in Scotland, but as an amendment to the existing system which had evolved separately to that in the rest of Great Britain. Since the establishment, in 1997, of a Welsh Assembly Government able to pass secondary legislation, the English and Welsh systems have been able to diverge.

Klappentext

Business rates is the commonly used name of non-domestic rates, a tax on the occupation of non-domestic property. Rates are a property tax used to fund local services that dates back to the Elizabethan Poor Law of 1601. The Local Government Finance Act 1988 introduced business rates in England and Wales from 1990, repealing its immediate predecessor, the general rate. The act also introduced business rates in Scotland, but as an amendment to the existing system which had evolved separately to that in the rest of Great Britain. Since the establishment, in 1997, of a Welsh Assembly Government able to pass secondary legislation, the English and Welsh systems have been able to diverge.