Coming soon...some dates to watch out for

1 April 2010: business rates
The non-domestic business rates revaluation takes effect. Transitional relief arrangements have been put in place, for England only, to phase in large changes to individual non-domestic rating bills, with annual caps on both increases and reductions over five years, with different caps for small and large properties, limiting and phasing in the rate increases across the period 1 April 2010 to 31 March 2015

1 April 2010: carbon reduction commitment
The CRC Energy Efficiency Scheme - imposing a mandatory cap-and-trade scheme in relation to energy use by large non-energy intensive organisations – commences, although the first compliance year in the introductory phase (2010/11) will require emissions reporting only, with allowances only having to be purchased from 2011/12

1 April 2010: Business Rate Supplements Act 2009
Commencement of permitted chargeable period in respect of which English County Councils, Unitary Authorities and the GLA may impose a business rate supplement to fund specified local economic development projects

6 April 2010: Community Infrastructure Levy
Commencement of powers for local authorities to fund required infrastructure works by charging a Community Infrastructure Levy on new developments

6 April 2010: perpetuity rule changes
The current legal rules against perpetuities and against excessive accumulations will be revised and narrowed under the provisions of the Perpetuities and Accumulations Act 2009. The perpetuities rule will apply to far more restricted and specified classes of interest, principally trust property; as a result, the rule will no longer apply to most future easements, options and rights of pre-emption. It will, however, apply to certain interests arising through a right to reverter in respect of a determinable freehold interest in land.