Select Committee · Public Accounts Committee

Business Rates inquiry

Status: Closed Opened: 27 Mar 2017 Closed: 4 Jan 2018

Non-domestic rates, or ‘business rates’, are a tax on non-domestic property. Rates have been in existence in some form since the Poor Law of 1601, though a standardised system of non-domestic rating dates to the Rating and Valuation Act 1925. The current system dates from the Local Government Finance Act 1988. Rates are levied on …