§ Mr. David ShawTo ask the Secretary of State for the Environment what percentage of business premises taken526W from the recent Inland Revenue sample survey will have a rateable value between £1,000 and £7,500 in London and between £1,000 and £5,000 elsewhere in England; and what percentage of business premises will have a new rateable value between £7,500 and £22,500 in London and between £5,000 and £15,000 elsewhere in England.
§ Mrs. Virginia BottomleyIt is estimated that nearly half the properties covered by the Inland Revenue survey will have a new rateable value from 1 April 1990 of between £1,000 and £7,500 in London and between £1,000 and £5,000 elsewhere in England. Slightly more than a quarter of properties will have a new rateable value of between £7,500 and £22,500 in London, and slightly less than a quarter between £5,000 and £15,000 elsewhere in England.
This information is based on a sample survey of the effects of the revaluation of non-domestic properties and the introduction of a uniform business rate. The new valuations supplied for the sample of properties were best estimates, not actual revaluations. The results must therefore be treated with caution.