Rates

HC Deb 24 March 1982 vol 20 cc361-2W

Mr. Richard Shepherd

asked the Chancellor of the Exchequer what role is played by the Treasury in assessing alternatives to domestic rates.

Mr. Ridley

The Treasury has an interest in all matters affecting public finance and plays an appropriate role in assessing alternatives to domestic rates.

Mr. Richard Shepherd

asked the Chancellor of the Exchequer if rating reform plays any part in his review of the taxation system; and if he will make a statement.

Mr. Ridley

As the Green Paper on alternatives to domestic rates explains, local taxation is an important component of the United Kingdom tax system. It is necessary, therefore, to bear both local and national taxes in mind when considering changes to either. The Green Paper explains the implications for national taxes of changes in local taxation.