They just need a couple of higher bands, the current valuations. The age of the valuations makes no difference as the relative values will be the same. The top bracket was always ridiculous. A middle income house being in the same bracket as a huge mansion, was always absurd.
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Started, but scrapped before it was finished, as far as I remember. Might be wrong though. Business rates gets done every five years.
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Not forgetting those living in multimillion pound former council flats.
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