Comment on Channel Tunnel says UK investment 'non-viable' as it halts projects
humanspiral@lemmy.ca 6 days ago
Are “business rates” income taxes? If so, it makes no difference to investment decisions. If investment is profitable (after all existing and future expenses including interest on debt deducted) then it is also profitable after taxes.
Womble@piefed.world 6 days ago
No they're more like business property taxes, they're complicated but usually defined as a fraction of what the market rate rent would be on the property the business is using.