§ Mr. Teddy TaylorTo ask the Secretary of State for the Environment what representations he has received about the revaluation of commercial properties since the publication of the details of the revaluations.
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§ Mr. ChopeI have received a number of representations from hon. Members and from other sources. A non-domestic revaluation is now essential in order to remove the distortions caused by using values that are 17 years old. Any property tax, such as rates, must be based on up-to-date values if it is to be fair. The revaluation will, of course, reflect the level of market rents.