Business rates relief for new fibre on telecommunication hereditaments
This consultation seeks views on the draft regulations to provide business rates relief for new fibre infrastructure.
Opened
29 Aug 2017
Closed
21 Nov 2017
▤ Verbatim text from source document
The Telecommunication Infrastructure (Relief from Non-Domestic Rates) Bill provides the powers necessary to implement 100% business rates relief for new full fibre infrastructure.
Through these powers we will make regulations which deliver the relief to operators of telecom networks who install new fibre on their networks. This new fibre will be eligible for 100% relief from business rates for the 5 years from 1 April 2017 to 31 March 2022.
The government is seeking views on how the draft regulations implement this relief.