Lords debates Non-Domestic Rating (Lists) Bill
01 October 2019
Members of the Lords, including a chair and trustee of the Credit Union Foundation and the chair of the Industry Consultative Committee at the University of West London, discussed the key principles and purpose of the Non-Domestic Rating (Lists) Bill during second reading, on Monday 30 September.
Members discussed a range of issues highlighted by the bill, including:
- market rental values for high street shops
- funding available to the Valuation Office Agency to ensure revaluations are fulfilled on a reduced timescale
- the need for radical reform of the business rates system and a new industrial strategy for the retail sector
Lord Randall of Uxbridge (Conservative) made his maiden speech.
Viscount Younger of Leckie (Conservative), parliamentary under-secretary in the Department for Housing, Communities and Local Government, opened the debate on the bill and responded on behalf of the government.
Committee stage, the first chance for detailed line-by-line examination, is yet to be scheduled.
Non-Domestic Rating (Lists) Bill summary
This bill will aim to:
- bring the next revaluation for non-domestic rates in England and Wales forward by one year to 1 April 2020, and thereafter;
- move the cycle of new rating lists in England from every five years to every three years
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