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The Frisky Bison
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<blockquote data-quote="Goweresque" data-source="post: 6216174" data-attributes="member: 818"><p>One reason for such a price difference might be the amount the State takes out of businesses in taxes. For example, the Polish version of business rates is set at a maximum of 23 zloty per square metre, or roughly £5. The UK (in my part of it anyway) will have a rateable value of £32-50/m2, and pay about half that. So a 5000m2 factory will have a rates bill of £80k. In Poland less than one third of that, and that £5 is the maximum, local authorities can set it lower if they wish, so in some areas I suspect you can build a factory and pay very little.</p><p></p><p>How many factories might be built in the UK if there were no business rates to pay on them?</p><p></p><p>Then there's personal taxation - the top tax rate is 32% on all incomes over £17k. If doing things the Polish way is such a good idea, can we have this in the UK as well?</p></blockquote><p></p>
[QUOTE="Goweresque, post: 6216174, member: 818"] One reason for such a price difference might be the amount the State takes out of businesses in taxes. For example, the Polish version of business rates is set at a maximum of 23 zloty per square metre, or roughly £5. The UK (in my part of it anyway) will have a rateable value of £32-50/m2, and pay about half that. So a 5000m2 factory will have a rates bill of £80k. In Poland less than one third of that, and that £5 is the maximum, local authorities can set it lower if they wish, so in some areas I suspect you can build a factory and pay very little. How many factories might be built in the UK if there were no business rates to pay on them? Then there's personal taxation - the top tax rate is 32% on all incomes over £17k. If doing things the Polish way is such a good idea, can we have this in the UK as well? [/QUOTE]
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