Tag : business rates
Government postpones business rates revaluationSubscription
The business rates revaluation due in 2021 has been postponed because of the Covid-19 pandemic.
The retail sector has called on chancellor Rishi Sunak to withdraw “disastrous” legislation that would bring forward the next revaluation of business rates to 1 April 2021.
Debenhams warns on Welsh store closures Subscription
Debenhams’ chairman has warned the Welsh government that if it does not reverse its U-turn decision on business rates relief then the majority of its Welsh stores will not reopen after the coronavirus lockdown, putting around 900 jobs at risk.
Saving fashion retail's workforceSubscription
Retailers are laying off staff as they shut their stores, and ordering others to work from home to stop the spread of the Covid-19 coronavirus
Paul Moran, head of business rates at property firm Mason Owen, discusses the latest business rates developments.
High street retailers have banded together to call on the chancellor to suspend business rates bills as a form of immediate assistance against the impact of coronavirus.
Bigger indies 'frustrated' by Budget Subscription
Independent retailers across the UK have welcomed the business rates suspension announced in this week’s Budget, but claim it is “unfair” to have dismissed the bigger independents and multiple retailers also occupying the high street.
Ebay’s UK boss has entered the business rates debate by calling for online retail to “pay its fair share” of tax and urgent reform of the rates system.
18,000 retail jobs lost in two monthsSubscription
Over 18,000 jobs have been lost and 1,211 stores closed in the retail sector during the first two months of 2020.
'Crunch time' for business rates, say retailersSubscription
UK retailers have told Drapers that business rates are becoming an increasing burden on their store portfolio decisions, and called on the government to act to support investment and save the high street.