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Meaning of “uniform business rate” in the English Dictionary

"uniform business rate" in Business English

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uniform business ratenoun [C]

uk   us   TAX, GOVERNMENT
in the UK, a ​localtax on ​buildings that are used for ​business or ​industrialpurposes, which is ​calculated in the same way all over the country: Increases in the ​uniformbusinessrates are ​linked to the ​inflationrate.
(Definition of uniform business rate from the Cambridge Business English Dictionary © Cambridge University Press)
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