Friday, 17 February 2017

Business rates: some unlevel playingfields


I've just become aware that NHS hospitals have to pay business rates.  A current revaluation of property values means that the worst affected, Queen Elizabeth Hospital in Birmingham, will find its rates bill more than double to £6.9m a year.

Private hospitals also pay business rates, but most of them are registered charities, so they get an 80% reduction.

Apparently local authority schools also pay business rates.  But Academies, would you believe, are also regard as charities and so they too  get an 80% reduction.  It's worth noting that some Academies pay their heads fancy salaries well over £100 000 a year, and one Multi Academy Trust (MAT) with 28 schools pays its CEO a not very charitable-sounding £370 000 a year.(see here)

I suppose Eton gets an 80% reduction too, along with all the other posh public schools

You couldn't make it up.

2 comments:

  1. No wonder the NHS is in trouble whilst those with the money laugh all the way to the bank. Sick.

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  2. If this is the case make all hospitals and schools charities or get rid of this disgraceful situaion. The voter needs to know about this.

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