Emma Reynolds
Main Page: Emma Reynolds (Labour - Wycombe)That is precisely why the Government propose to introduce the opportunity to discount the rate, to consider the way in which business rate supplement operates in an area and, above all, to ensure that, at the same time as we create the ability to attract housing into an area through our council tax incentive, we give an equal incentive—the business rate growth incentive—to provide jobs and business in an area.
Given that, regrettably, the Government are downgrading benefits to the consumer prices index rather than linking them to the retail prices index, will they be helping small businesses by linking business rates to CPI rather than RPI?
The most valuable assistance that we have given is ensuring an extension of the business rate relief. Moreover, we are assisting small businesses in particular and we have increased the threshold for empty property relief this year to £18,000—all of which the previous Government signally failed to do.