«
»

LOCAL RETENTION OF NON-DOMESTIC RATES

February 23rd, 2024 by James Goudie KC

The Non-Domestic Rating ( Designated Areas ) Regulations 2024, S.I. 2024/183, designate areas in England for the purpose of local retention of non-domestic rates pursuant to Section 59A of and para 39(1) of Schedule 7B to the Local Government Finance Act 1988,as inserted by the Local Government Finance Act 2012. The Regulations provide rules for calculating in respect of a billing authority in England all or part of whose area falls within a “ designated area “ the billing authority’s non-domestic rating income in respect of the designated area for a specified year, and the proportion of that income that is to be disregarded for the purposes of specified calculations under Schedule 7B.

This entry was posted on Friday, February 23rd, 2024 at 9:14 am and is filed under Council Tax and Rates. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

Comments are closed.