Valuation (Amendment) Bill 2017

Public bill · Private Member · Introduced

Changes the rules on commercial rates so local authorities cannot increase or reduce them beyond a set maximum in any one year, and can be required to phase any change in over a longer period. It is meant to give businesses more certainty and avoid sudden jumps in rates bills.

Formal long title

Bill entitled an Act to amend the Valuation Act 2001 to provide certainty to commercial rate payers by creating a limit on the maximum variation of commercial rates and to provide for the staging of the execution of the variation of those rates over a specified period of time

Last updated 13 February 2020