Andrew George

Andrew George

Liberal Democrat — St Ives

Speaking in the House of Commons on 25 November 2024

Debate

Non-Domestic Rating (Multipliers and Private Schools) Bill

Contribution

If the Minister is looking for other methods by which public finances could be effectively deployed, will he look carefully at the last decade, during which small business rate relief has been used by second home owners to flip their properties to business rating and pay nothing at all? In Cornwall alone, that has resulted in over £500 million of taxpayers’ money being paid out to wealthy second home owners through covid aid and the small business rate relief. Will he look at how wealthy people have been incentivised to use that method to their advantage? Will he ensure that we have a much fairer system that puts first homes before second homes?

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