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Posted By: djhWhy bother setting business rates instead of simply taxing business rents? That way there would be no need to revalue.
Posted By: SteamyTeaSeems wrong to me that depending on your area you can pay different amount of business rates.
Posted By: nigelWhat happens if you own the building?
Posted By: djhThat's the whole point - encourage businesses to move to areas that need further development. i.e. the ones with lower rents.
Posted By: ringiThe "rateable value" get reset every generation or so and then remain the same
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