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Written question asked by Christopher Chope (Conservative) on Thursday, 9 December 1999, in the House of Commons. It was due for an answer on Thursday, 16 December 1999. It was answered by Baroness Hughes of Stretford (Labour) on Thursday, 16 December 1999 on behalf of the Department of the Environment, Transport and the Regions.


Dept of the Environment Transport and the Regions

Question
To ask Mr Chancellor of the Exchequer, pursuant to his Answer of 2nd December, Official Report, column 289w, on business rates, what his estimate is of the total amount to be collected in rates in England in (a) 1999-2000 and (b) 2000-01; and what multiplier for inflation he used to calculate the real terms difference between the two figures. - Inc ref to 9 December 1999, 340 c604-6W and Local Government Finance Act 1988.
Answer

Mr. Chope: To ask the Chancellor of the Exchequer, pursuant to his answer of 2 December 1999, Official Report, column 289W, on business rates, what his estimate is of the total amount to be collected in rates in England in (a) 1999-2000 and (b) 2000-01; and what multiplier for inflation he used to calculate the real-terms difference between the two figures. [102813] Ms Beverley Hughes: I have been asked to reply. I refer the hon. Member to the reply given by my right hon. Friend the Minister for Local Government and Regions to my hon. Friend the Member for Blackpool, South (Mr. Marsden) on 9 December 1999, Official Report, columns 604-06W. The calculation of the national rate multiplier (or poundage) is set out in the Local Government Finance Act 1988, which specifies the retail prices index for the preceding September. The multiplier for 2000-01 allows for 1.1 per cent. inflation, based on September 1999 RPI.


Secondary information

Type
Written question
Reference
341 c300W; 102813
Session
1999-00
Subjects
Business Business rates