New business taxes coming ...

[d000hg]

On the other hand, it means an area can cut rates to attract businesses to (re)locate there. And generally encourages each council to try and generate revenue rather than rely on handouts from central government.

[diseasex]

On the other hand, it means an area can cut rates to attract businesses to (re)locate there. And generally encourages each council to try and generate revenue rather than rely on handouts from central government.

then you rent bed under stairs in such an area and register as new business address and pay less tax.

[TestMangler]

On the other hand, it means an area can cut rates to attract businesses to (re)locate there. And generally encourages each council to try and generate revenue rather than rely on handouts from central government.

So, a cut in the UK block grant to councils plus a reduction in business rates by said councils (to attract businesses) will generate revenue how ??

[d000hg]

So, a cut in the UK block grant to councils plus a reduction in business rates by said councils (to attract businesses) will generate revenue how ??

They'll be cutting rates in areas which struggle to get tenants?

And more generally, giving councils responsibility could encourage ambition and competition.

[AtW]

So, a cut in the UK block grant to councils plus a reduction in business rates by said councils (to attract businesses) will generate revenue how ??

Because all businesses from great places will start moving into tulipe areas with 0 business rates without any guarantee it won't be bait and switch (which it would be)

In Birmingham it's impossible to get through via phone to business rates team, and their ETA on email responses is quoted as 2-3 weeks!

[TestMangler]

but not all of them are subsidised , am I right? So those that arent will likely to cut rates or keep them as they are, whereas scots will increase?

No, you're wrong. All councils are subsidised above rates collected (whether by council tax or business rates).

How do you work out that Scots will increase ? Scotland already has business rate breaks better than you get in England, especially for small business.

I think you'll find that this is a political move (similar to the council tax) where a tory government sticks it to Labour controlled councils and rate payers have to pick up the tab. The theory is that the paying public will blame the councils rather than the government for cost increases.

[TestMangler]

They'll be cutting rates in areas which struggle to get tenants?

And more generally, giving councils responsibility could encourage ambition and competition.

Right, so cutting rates to get businesses into crap areas, I get that.

When the central government grant to councils is reduced and councils attract businesses by giving vastly reduced (or zero) business rates, how does that equate to higher revenue for councils ?

Under Osborne's proposal, councils will have to increase rates to stand still.

[AtW]

I think you'll find that this is a political move (similar to the council tax) where a tory government sticks it to Labour controlled councils and rate payers have to pick up the tab. The theory is that the paying public will blame the councils rather than the government for cost increases.

Gordon Brown would approve this move... Gideon is as sneaky fooker as the master who was before him...

God forbid they devolve income tax rates to local councils too...

[TestMangler]

Because all businesses from great places will start moving into tulipe areas with 0 business rates without any guarantee it won't be bait and switch (which it would be)

In Birmingham it's impossible to get through via phone to business rates team, and their ETA on email responses is quoted as 2-3 weeks!

Move your operations to Scotland mate and get a business premises with an RV of under £8K and you won't pay any business rates at all.

[AtW]

Move your operations to Scotland mate and get a business premises with an RV of under £8K and you won't pay any business rates at all.

Sounds good...

What's the downsides???



P.S. RV of £8k probably means 10000 sq meters in Scotland in prime location...