Quizzes & Puzzles2 mins ago
What happens to Business Tax
1 Answers
It does not go to the council who collect it, so where does it go?
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No best answer has yet been selected by gollob. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.What do you mean by 'business tax', gollob? Do you mean corporation tax because that is collected by HMRC not the council and goes to the Treasury.
Or do you mean business rates. Businesses and other non-domestic occupiers of property pay non-domestic rates (also known as business rates) to contribute towards the cost of local authority services. Business rates paid by ratepayers are collected in a central account held by the Department for Communities and Local Government and then redistributed back to local authorities as part of the local government finance settlement.
See here for more details:
http:// www.com munitie ...inan ce/busi nessrat es/
Or do you mean business rates. Businesses and other non-domestic occupiers of property pay non-domestic rates (also known as business rates) to contribute towards the cost of local authority services. Business rates paid by ratepayers are collected in a central account held by the Department for Communities and Local Government and then redistributed back to local authorities as part of the local government finance settlement.
See here for more details:
http://