Business Property Relief: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Business Property Relief

  • in the United Kingdom, a reduction in the amount liable to inheritance tax on certain types of business property

Additional Resources

N.Y State Senate announces $6B property tax relief plan
The New York State Senate recently announced a three-part plan to expand the property tax relief rebate program to provide $2.6 billion in property tax relief this year and $3.4 billion in 2008. The plan would triple the size of direct property tax rebate checks in the first...
Tags: FINANCE, Taxes, U.S. Senate
Research articles 2007-01-05
Property tax relief clears the Senate.(News)
Byline: Leslie Hague Daily Herald Staff Writer SPRINGFIELD - An effort to provide property tax relief for suburban homeowners narrowly passed the Illinois Senate Tuesday. The plan, which each county would have to choose to be involved in, would put a lid...
Tags: Cook, FINANCE, Illinois, Taxes, U.S. Senate
Research articles 2004-04-21
N.J. Senate approves property–tax relief
On its second try, the state Senate today passed a $2.3 billion property-tax relief package that would give most homeowners a 20 percent break on their tax bill and attempt to rein in yearly tax increases. Senators voted 28-10 to pass the legislation, which majority Democrats have made the...
Tags: FINANCE, Taxes, U.S. Senate
Research articles 2007-02-06
NY State Senate is now pressing for property tax relief
In an effort to provide additional property tax relief for senior citizens, the New York State Senate this week passed legislation (S.6417) to double the size of direct property tax rebate checks for senior citizen homeowners this year, returning about $200 million to seniors.
Tags: U.S. Senate
Research articles 2007-07-19
Fence Post.(News)(Letter to the Editor)
Give property tax relief to all counties Extending the option to cap property assessment to all 102 counties in Illinois would ensure passage of Jim Houlihan's property tax relief plan through the General Assembly. The Illinois House rejected his proposal to impose a 7...
Tags: CBS Corp., FINANCE, homeowner, Illinois, NFL, Taxes
Research articles 2004-02-15
Property tax relief still issue for debate
It's become the Capitol's rendition of Groundhog Day : Legislators return from a monthlong break. They've had time to reflect. And to make decisions. But they are no closer to a solution than they were before leaving for vacation. So it is that today, lawmakers returning from winter...
Tags: FINANCE, income, revenue, Taxes, U.S. Senate
Research articles 2006-01-23
Relief for the financially troubled district
Like most school districts, the ABC Public Schools financed the district's capital improvements by issuing bonds. This was fine at first, as each year enough property taxes were levied to service the bond debt. Eventually, circumstances changed beyond ABC's control. Economic conditions and property values in ABC's district declined,...
Tags: ABC Inc., bankruptcy, bond, FINANCE, Taxes
Research articles 2006-08-01
In Brief
The Forum of Private Business said yesterday the majority of its members backed proposals to link business rate relief to employment levels rather than individual property values. In a postal ballot, 84 per cent of members of the small business lobby group said it would be fairer to use National...
Tags: asbestos, Britain, Goldman Sachs & Co., TVs
Research articles 1996-12-27
Education, taxes, safety dominate 2007 session
BISMARCK - No one called the property tax relief bill that finally passed late on the last night of the North Dakota Legislature "Plan 9 From Outer Space," after a famously bad movie.No, this was more like Plan 11. Or 12. Or 13.In addition to the dozen or so rewrites...
Tags: FINANCE, income, legislator, SECURITY, Taxes, U.S. Senate
Research articles 2007-04-29
Property funds ask for reprieve.
Byline: John Kerin Nov 02, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Australian property investment funds want relief from proposed money laundering regulations. Owen Lennie, of the Australian Direct Property Investment Association, said that the industry involves low risk. He...
Tags: Australian Taxation Office, Government, regulation, Regulations, Strategy
Research articles 2006-11-02
Bexar County Appraisal District And Appraisal Review Board (ARB)
The Bexar County Appraisal District is conducting illegal property tax hearings by not adhering to numerous sections of the Texas Property Tax Code. In response, the state's largest property tax consulting firm, O'Connor & Associates, filed a lawsuit against the Bexar County Appraisal District BCAD and its independent Appraisal Review...
Tags: Appraisal, O'Connor & Associates, Bexar County Appraisal District, Taxes, Free Trade, Financial Planning, Finance
White papers 2006-06-21
Property-tax cuts loom
Gov. Jon Huntsman Jr. may not have plans for any tax cuts next year, but his fellow Republicans in the Legislature sure do. After meeting for three hours behind closed doors, Senate Republicans were united Tuesday on the need to give Utahns property tax relief. The morning caucus...
Tags: FINANCE, Governor, Republican, Taxes, U.S. Senate
Research articles 2007-12-12
Relief groups pick up where U.S. leaves off
Relief agencies say they will be able to maintain the pace of aid operations in tsunami-ravaged parts of southern Asia, even though the U.S. military is pulling out its forces. The gradual withdrawal of U.S. ships and helicopters, which provided equipment and technical expertise crucial to the relief effort,...
Tags: agency, MARKETING, Red Cross, U.S., withdrawal
Research articles 2005-01-25
Minnesota Legislators Plan Major Revision of Property Tax System.
By Jim Ragsdale, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Jun. 27--House and Senate negotiators tentatively agreed Tuesday night on a wholesale revision of Minnesota's property tax system, providing immediate tax relief for virtually all property owners as well...
Tags: education, FINANCE, Minnesota, negotiator, Rep., Taxes, U.S. Senate
Research articles 2001-06-27
[ Tax relief bill advances ]
Tax relief bill advances A bill granting tax relief to manufacturers, a large Johnson County financial services firm and certain elderly Kansans received tentative approval Thursday in the House. Final House approval would send the measure back to the Senate, which passed it earlier without the...
Tags: FINANCE, Games, Taxes, U.S. Senate
Research articles 2002-04-12
WHO'S LIABLE NOW?-NEW FEDERAL BROWNFIELDS LEGISLATION
On January 11, 2002, President Bush signed the Small Business Liability Relief and Brownfields Revitalization Act1 (the "Brownfields Amendments"). As its name suggests, the act provides relief to small businesses and funding for "brownfields" - "real property, the expansion, re-development, or re-use of which may be complicated by the presence...
Tags: contamination, exemption, U.S. Environmental Protection Agency
Research articles 2003-01-01
Nationwide Grant to American Red Cross to Support Hurricane Ike Relief
Nationwide Claim Reps and Agents Working Around-the-Clock; Helping Victims Rebuild Their Lives HOUSTON -- Nationwide, the country's sixth-largest property and casualty insurance company, announced today a $275,000 grant from the Nationwide Foundation to support Red Cross relief efforts for the 2008 Hurricanes. The announcement brings the Nationwide Foundation's disaster...
Tags: American Red Cross, FINANCE, Insurance, Lowe
Research articles 2008-09-17
Tax time: how Congress spells relief - Taxpayer Relief Act of 1997
On a dreary day early last November, some 350 Smith Barney clients crowded into a Virginia conference room to hear from experts just what the "Taxpayer Relief Act of 1997" will do for them. What they discovered - and what you will discover, too - is that most of the...
Tags: Education, FINANCE, income, Taxes, U.S. Congress, Washington
Research articles 1998-03-01
Editorial | Pa. Property Tax Rebates
The property tax relief package crafted by the Senate and Gov. Rendell would help trim homeowners' property tax bills - and city-based workers' wage tax bills. This deal, on which the House did not vote yesterday before breaking for the primary election, is a mix of somewhat responsive policy...
Tags: education, FINANCE, Games, homeowner, Pennsylvania, revenue, Taxes, U.S. Senate
Research articles 2006-05-04
Flirting with disaster - disaster relief reform
It would have been understandable if television viewers thought CNN had started running reruns. In 1993, its cameras had vividly captured the extensive flooding along the Missouri and Mississippi rivers, where homes were destroyed and crops ruined. Because only 17 percent of the property damaged had been insured, it had...
Tags: California, Federal Emergency Management Agency, FINANCE, Florida, homeowner, Insurance
Research articles 1996-10-01