Image for The Business Rates Supplements Act 2009

The Business Rates Supplements Act 2009

The Business Rates Supplements Act 2009 is legislation that allows local councils in England to levy additional charges, called business rates supplements, on certain large developments or projects. These supplements fund infrastructure improvements that support economic growth. The Act sets out how these additional charges are calculated, approved, and collected, ensuring a transparent process. It aims to balance the need for funding major projects with fairness to businesses, providing local authorities with a mechanism to finance significant investments beyond their standard business rate income.