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The government announced on Tuesday (31 March 2009) that it plans to
bring forward regulations to enable businesses to defer the payment
of 60 per cent of the increase in their 2009-10 business rate bills
until 2010/11 and 2011/12.
However Peterborough City Council
stressed today that businesses must keep paying their legally
established liability as set out on their current bills until the
new regulations are in place.
Peterborough City Council's
executive director of strategic resources, John Harrison, said: "We
expect the new regulations will be in place by the end of July and
only then will we be able to write to business rate payers to give
them the option of deferring part of the increase.
"Until then businesses need to pay
their business rates as per the instalments laid out in their
current bills.
"We will be writing to all business
rate payers within the next seven days and sending them a fact sheet
to explain how the deferral scheme will work.
"Deferrals will not be automatic,
businesses will need to specifically request it and any payments
that are deferred will be added onto bills for 2010/11 and 2011/12."
April 2009 -
Peterborough UK Community Website
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