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Thursday, 22 January 2009

Property rating on fibre

Unlike some other countries, the UK has continued and will continue to charge property rates on fibre, which has caused no small problems in encouraging investment etc. Where the fibre is unlit, it is considered to be unrateable, but where it is being tested or is lit, it has rates charged on it, exactly as any other business premises.

The Valuations Office has issued a clarification of how property rating will be applied to NGA networks.

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