M
Member
Speaking in the House of Lords on 3 March 2025
Debate
Non-Domestic Rating (Levy and Safety Net) (Amendment) Regulations 2025Contribution
Secondly, the regulations aim to address the proper accounting of new business rates relief announced in the 2025-26 financial year. This new relief, targeting specific sectors, aims to ease the burden on businesses, but it must be properly accounted for in the levy and safety net calculation to avoid situations where local authorities are compensated twice for the same relief.
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