HC Deb 06 December 1982 vol 33 c403W
Mr. Colvin

asked the Secretary of State for the Environment what would be the cost of a 15 per cent. derating for all business properties.

Mr. King

The cost of providing 15 per cent. rate relief to the non-domestic sector would be approximately £940 million in 1982–83. I have written to my hon. Friend with a more detailed breakdown of the cost of providing such relief to the various categories of property within the non-domestic sector.