Robert Neill
Main Page: Robert Neill (Conservative - Bromley and Chislehurst)(13 years, 5 months ago)
Written StatementsRead Full debate Read Hansard Text
The Parliamentary Under-Secretary of State for Communities and Local Government (Robert Neill)
From day one, the coalition Government have been committed to finding a solution to the “ports tax”—the unfair backdated rates bills incurred by some businesses (including many located within ports) across England following alterations proposed in 2008.
This coalition Government recognised that the backdated “port taxes” threatened the viability of Britain’s export industry, with many firms facing hefty retrospective bills that they could not reasonably have planned for, or expected, and which threatened the solvency of some businesses.
That is why, despite the financial situation that we inherited, we have honoured our commitment to find a permanent solution to the problem and are proud that our actions will protect jobs and support economic growth.
We have already taken the first sensible step of introducing a moratorium on the repayment of certain backdated liabilities, and, subject to parliamentary approval of the Localism Bill, and once the necessary legislation is in place, eligible businesses will finally be able to have this debt dealt with appropriately—by having it cancelled.
The regulations to be made under the Localism Bill will cancel the backdated business rates liabilities of those businesses that were hit with unexpected and significant backdated rates after their property was split from another property for rating purposes. The regulations will apply to all eligible businesses across England faced with a similar backdated rates liability and not just businesses within ports.
Today I am placing a copy of the draft guidance and regulations in the Library of the House before it is released to interested parties. The publication of this guidance note in draft form is intended to give authorities and interested parties the opportunity to make any comments or ask questions on the process, the draft regulations and the examples, to ensure that the final versions will enable local authorities to fully implement the cancellation policy.