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Home > QFINANCE Dictionary > Definition of business rate

Definition of

business rate

Tax

UK tax on business premises in the United Kingdom, a tax on businesses calculated on the value of the property occupied. Although the rate of tax is set by central government, the tax is collected by the local authority.

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Definitions of ’business rate’ and meaning of ’business rate’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’business rate’ and other financial terms with our online QFINANCE Financial Dictionary.

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