Tag : business rates
Many former BHS landlords are reportedly facing a £100m business rates bill on empty stores, a year after the high street chain collapsed.
The British Retail Consortium (BRC) has warned the government against introducing a “digital tax” in an attempt to make the business rates system fairer.
Government 'receptive' on business rates worriesSubscription
The business rates and rent specialist, CVS, has described the government as in “listening mode”, amid mounting concerns over the impending rise in business rates, following a meeting with communities and local government secretary Sajid Javid.
Communities secretary Sajid Javid has said he is working with the chancellor to provide further support to businesses facing the steepest increases in business rates in time for the Budget.
One in every eight firms in England and Wales has been taken to court over unpaid business rates, new figures suggest – and experts warn this is likely to increase following April’s rating revaluation.
BHS liquidator seeks business rates refundSubscription
The liquidator of BHS is reportedly seeking to recover part of the business rates bill the retailer incurred before its final stores closed.
Hammond 'listening' to business rates backlash Subscription
Chancellor Philip Hammond has promised Conservative MPs that he is “listening” to a wave of concerns about the approaching revaluation of business rates.
The government’s plans to raise business rates have been hit by fresh criticism, as it is claimed businesses appealing the rates rises could face lengthy waits to have their appeals heard.
‘Dreich’ sales for Scottish retailers in JanuarySubscription
Like-for-like retail sales in Scotland fell by 3.2% in January as shoppers kept a firmer grip on their wallets after the festive period.
Retailers are abandoning prime locations in London and the south of England as they brace for the business rates revaluation to hit in April, property sources have told Drapers.