After a lengthy debate, Horowhenua District Council determined to leave the rating system as it currently is. Council also requested that Council Officers commit to a further review of the Rates Remission and Rates Postponement policies during the .
The promised reform of business rates will not cut costs for the sector but will, conversely, include a 7.1% increase in rateable values, according to property expert Colliers.
The New Non-Domestic Rates Bill was laid before Parliament last week in the House of Commons and is expected to receive a second reading on 24 April. The