The Review noted the following arguments in favour of these options:
They may create a better link between tax liability and the ability to pay
They may alleviate ratepayer concerns that a revaluation would result in unaffordable bill increases
They could better reflect changing economic circumstances, such as the fast expanding digital economy
The Review also highlighted however:
While appropriate for some sectors, these types of changes would not be appropriate for the whole tax base, e.g. many third and public sector organisations do not deliver profit and turnover
There is no consensus amongst those arguing for closer alignment with "ability to pay" on which system would best...