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ACTION TO RECOVER RATES FROM INSOLVENT BUSINESSES

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A consultation paper which seeks views on a proposal to ensure that companies which are insolvent and continue to t...
A consultation paper which seeks views on a proposal to ensure that companies which are insolvent and continue to trade are made liable for the payment of their rates was launched today by Scottish local government minister George Kynoch.

The proposals are part of the government's commitment to harmonise the rating system in the United Kingdom, and mirrors similar proposals for England and Wales.

Mr Kynoch said: 'These proposals will close a loophole whereby insolvent companies who continue to trade can refuse to pay for their non-domestic rates. Such businesses receive the full benefit of local authority services and the tax payer is having to pick up the bill. This is very unfair to the taxpayer and is effectively a hidden public subsidy which enables them to compete unfairly with other businesses.

'The proposal to recover non-domestic rates from an insolvent company will put it on exactly the same footing as it's competitors and other ratepayers, making it subject to the same regulatory and enforcement arrangements. This can only be fair and entirely in keeping with general principles of the Citizen's Charter.'
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