Draft Non-Domestic Rating (Levy and Safety Net) Regulations 2013 — Smoothing Business Rate Income For Local Councils — 13 Mar 2013 at 19:39
Oliver Letwin MP, West Dorset voted for a levy and safety net system to dampen the impact of year to year volatility in business rate income for local councils.
The majority of MPs voted for a levy and safety net system to dampen the impact of year to year volatility in business rate income for local councils.
The levy and safety net system effectively guarantees every authority will receive at least 92.5% of its baseline funding level each year under the rates retention scheme, with shortfalls funded by a levy.
The system is required as some authorities can collect significantly less in non-domestic rates than in previous years as a result of physical changes and rating appeals being settled.
The motion approved by the majority of MPs was:
- That the draft Non-Domestic Rating (Levy and Safety Net) Regulations 2013, which were laid before this House on 14 February, be approved.
Votes by party, red entries are votes against the majority for that party.
What are Boths? An MP can vote both aye and no in the same division. The boths page explains this.
What is Turnout? This is measured against the total membership of the party at the time of the vote.
|Party||Majority (Aye)||Minority (No)||Both||Turnout|