business rate

/'bɪznɪs reɪt/ noun
tax levied on business property
(NOTE: The US term is local property tax.)

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • business rate — UK US noun ► [C] BANKING, FINANCE the rate of interest that banks charge businesses for borrowing money: »I could borrow the extra cash I need at a business rate of 4.89%. ● business rates Cf. business rates …   Financial and business terms

  • uniform business rate — ➔ rate1 * * * uniform business rate UK US noun [C] TAX, GOVERNMENT ► in the UK, a local tax on buildings that are used for business or industrial purposes, which is calculated in the same way all over the country: »Increases in the uniform… …   Financial and business terms

  • Small Business Rate Relief — UK US noun [U] (ABBREVIATION SBRR) TAX ► in the UK, a special reduction in local taxes paid by small businesses: »The Government is making changes to the SBRR scheme to provide help with the fixed costs of running a small business …   Financial and business terms

  • Uniform Business Rate — A multiplier used in England and Wales to determine how much money owners of commercial and industrial properties must pay each year to their local governments. The rate, set by central government, is adjusted for inflation each year. It is… …   Investment dictionary

  • Uniform Business Rate — noun (finance) A system of business rating introduced in 1990 • • • Main Entry: ↑uniform …   Useful english dictionary

  • Uniform Business Rate — UBR See: business rates …   Accounting dictionary

  • Uniform Business Rate — UBR See business rates …   Big dictionary of business and management

  • uniform business rate — /ˌju:nɪfɔ:m bɪznɪs reɪt/ noun a tax levied on business property which is the same percentage for the whole country. Abbreviation UBR …   Dictionary of banking and finance

  • rate relief — ➔ relief * * * rate relief UK US noun [U] ► UK FINANCE, TAX, GOVERNMENT a reduction in the amount of tax a small business has to pay on the value of its buildings → See also SMALL BUSINESS RATE RELIEF(Cf. ↑Small Business Rate Relief …   Financial and business terms

  • business rates — [plural] ► TAX an amount of money that businesses are charged as tax for local services: »Central London retailers plan to demand reductions in their business rates. Main Entry: ↑business rate …   Financial and business terms

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.