What are Business Rates
Business Rates, also known as Non Domestic Rates, collected by local authorities are the way that those who occupy non-domestic property contribute towards the cost of local services.
Under the Business Rates Retention arrangements introduced from 1 April 2013, Carlisle City Council now keeps a proportion of the business rates paid locally. This money, together with revenue from Council Tax payers, government grants and certain other monies is used to pay for the services provided by Carlisle City Council.
The council does not have any control over the amount of rates that is charged for a property. The charge is based on the rateable value given to the property. The Government's Valuation Office Agency sets the rateable values for all non domestic properties in the country. The Government sets the rate in the pound (also called the multiplier) each year for the whole country.
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