Around the Net
Tax Break For Local Papers
- Press Gazette, Thursday, March 17, 2016 6:54 AM
Chancellor George Osborne today pledged to introduce a business rate discount for office space occupied by local newspapers in England in his budget proposals. The announcement would see up £1,500 knocked off the cost of the tax to local publishers, but this is limited to a maximum of one discount per local newspaper title and per “hereditament” (meaning property). The discount would apply for two years from 1 April, 2017.
