Tag : business rates
Independents have called for a temporary business rates allowance to support smaller retailers, as the Treasury committee develops a longer-term solution to the property tax crippling the UK’s high streets.
More than 82,400 properties in England have lodged appeals against business rates since the system’s 2017 overhaul, official figures have shown.
CBI boss calls for business rates reformSubscription
The president of the Confederation of British Industry (CBI) has warned that business rates risks creating “regional inequalities”, calling for reform.
Brexit uncertainty ‘crippling fashion industry’Subscription
Retailers have told Drapers they are facing a “perfect storm” of cost rises, a record number of store closures, slumping sales and continued Brexit uncertainty.
Planning for Brexit is like to trying to pack for a holiday with no idea of where you’re going, the method of travel or even what factor of sunscreen you’ll need.
Shopping centre body Revo has warned that the government must reform business rates to reflect economic conditions and maintain the UK’s international attractiveness after “unjustifiable” rates rises came into effect yesterday.
BRC calls for review of business taxationSubscription
The British Retail Consortium (BRC) has called for the government to review the business rates system, which is “strangling our high streets”.
Retailers left without promised rates reliefSubscription
Many eligible retailers have been left without their business rates discounts worth up to £8,000 as local councils face problems in applying the renewed rates, just two weeks before the start of the new tax year.
Trouva to help indies tackle business ratesSubscription
Online market place for independents Trouva has partnered with retail property firm Harper Dennis Hobbs to help tackle business rates for more than 500 high street shops across the UK.
No relief for retailers in Spring Statement Subscription
Retailers have been offered no reprieve to help struggling high streets in the chancellor’s Spring Statement.