keep The Non–Domestic Rating (Chargeable Amounts) (Amendment) Regulations 1995
Technical amendment regulations that modify the Non-Domestic Rating (Chargeable Amounts) Regulations 1994 by introducing new definitions (1994 and 1995 recalculation factors), updating formulas in regulation 30 and Schedule 3 for calculating rateable values, and making related technical corrections for business property rating calculations.
These are technical correction regulations that clarify and correct calculation formulas for non-domestic rating chargeable amounts. Without this amendment, the 1994 Regulations would persist with ambiguous terminology and potentially incorrect formulas, creating legal uncertainty and administrative disputes between ratepayers and billing authorities over correct calculations. While business rates themselves represent a tax burden, this regulation serves the minimal function of ensuring mathematical accuracy in rate calculations—deleting it would cause confusion and increase compliance costs without any corresponding benefit.