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Big councils plan commercial property tax increases

Wednesday 17 November 2010

Eight of the country’s 10 biggest local authority areas are planning to put up business property taxes, according to research by employers organisation VNO-NCW.

Groningen tops the list with a 10.3% rise in tax for commercial property owners. Utrecht is increasing the tax by 8.2% and Eindhoven 7.3%.

Rotterdam, by contrast, is cutting its property tax rate by 4%.

Earlier this week, prime minister Mark Rutte said he would make sure industry did not have to pay the price for cuts in local government funding.

© DutchNews.nl


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