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Home News Policy Network submission of evidence to HM Treasury's Business Rates Review

Policy Network submission of evidence to HM Treasury's Business Rates Review

01 July 2015
Policy Network submission of evidence to HM Treasury's Business Rates Review

In June 2015, Policy Network submitted evidence to HM Treasury's Business Rates Review.

The submission states that, "HM Treasury’s Business Rates Review is a once in a generation opportunity to make the system of taxation support rather than hinder job creation and economic growth. Business rates valuations need to be simplified and annualised to ensure that they are linked to rental valuations and extended to land. All city regions with scale where a combined authority is coterminous with the local enterprise partnership (LEP) should be able to take complete control of business rates including setting the multiplier."

The full submission is available to download here:

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