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• s  liable to payment of locally assessed property taxes

• ratable

Quotes

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• Jim Mather in ic Ayrshire.co.uk
  Our small business bonus will take 120,000 businesses out of the rates net - those with a rateable value of less than £8,000,said Mr Mather.
• Alex Salmond in The Herald
  All businesses with a rateable value up to £15,000 will get huge reductions,Alex Salmond, party leader, said during a visit to a shop in Great Northern Road, Aberdeen, which has several empty units as near neighbours. "I want to see our...
• Nick Bourne in BBC News
  But Mr Bourne said: "Wales should be following England's lead on this, and raising the rateable value threshold upwards. This would help some of the 40,000 businesses across the country which will see business rates rise next year."