HC Deb 13 July 1988 vol 137 c197W
Mr. Nicholas Bennett

To ask the Chancellor of the Exchequer what guidance he has given, or intends to give, to the Inland Revenue in the current revaluation of non-domestic premises in England and Wales prior to the introduction of the non-domestic rate in 1990; and if he will make it his policy to ensure that the seasonal nature of trade in holiday areas is taken into account in fixing new valuations.

Mr. Norman Lamont

[holding answer 7 July 1988]: The chief valuer's office is responsible for giving guidance to valuation officers in the compilation of valuation lists. Rating assessments are based on rental values; accordingly, in areas where the seasonal nature of trade has an effect on rental values, this will be reflected in the rating assessments.