Lords completes examination of non-domestic rating bill
The Non-Domestic Rating (Multipliers and Private Schools) Bill contains a range of measures that will allow HM Treasury to:
introduce lower non-domestic rating multipliers for retail, hospitality and leisure properties introduce higher multipliers for large companies whose properties exceed £500,000 remove the rate relief from private schools registered as charities. Third readingThird reading is the chance for members to ‘tidy up' a bill, making small changes to ensure it is effective.
Members have put forward amendments (PDF) to the bill on private schools and when the bill will take effect.