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1andrew1 · 30-09-2016, 16:09

http://newsthump.com/2016/09/30/host...edia-contract/

---------- Post added at 16:09 ---------- Previous post was at 14:13 ----------

Telecoms companies are complaining about a tax on speed. The rates valuation is currently set to penalise them for investing in broadband. BT has said its business rate bill would jump from £165m to £743m.
“It is like a speeding fine for the internet economy,” said Julian David, head of the industry body Tech UK. “It seems to be based on the idea that if you improve your infrastructure, then you must have a higher valuation [for business rates purposes].”
https://www.ft.com/content/0ccc9750-...c-debbef66f80e (registration needed)

30-09-2016, 16:09	#352
1andrew1 cf.mega poster Join Date: Dec 2013 Posts: 15,271	Meanwhile http://newsthump.com/2016/09/30/host...edia-contract/ ---------- Post added at 16:09 ---------- Previous post was at 14:13 ---------- Telecoms companies are complaining about a tax on speed. The rates valuation is currently set to penalise them for investing in broadband. BT has said its business rate bill would jump from £165m to £743m. “It is like a speeding fine for the internet economy,” said Julian David, head of the industry body Tech UK. “It seems to be based on the idea that if you improve your infrastructure, then you must have a higher valuation [for business rates purposes].” https://www.ft.com/content/0ccc9750-...c-debbef66f80e (registration needed)