IS IT ALREADY TIME TO REFORM THE REFORMED BUSINESS RATES SYSTEM?

By Andrew Hulbert, Director of Business Rates The Valuation Office Agency is having a bad time of it lately, as it comes to light that the new Check, Challenge, Appeal system it now applies to business rates, isn’t going down at all well with rate-payers. Had the VOA taken concerns from both rate-payers and their agents on board prior to introducing the controversial system on April 1...

THE SKY’S THE LIMIT AS PUBLICANS’ SPORTS BILLS ARE SET TO FALL

The licensing industry can a hotbed of controversy when it comes to charges and price hikes, but one of the biggest bugbears for licensees is the cost of providing Sky for customers. With the Premier League, the Lions Tour and the Grand Prix promising to be a huge draw for customers this year alone, Sky has become a necessity for the majority of pubs looking to increase their profits, but it is...

A NON-COMMITTAL BUDGET

Victoria Trafford, Director of Rating, on today's Budget The Chancellor's announcement of a further £435m of relief for firms "hit the hardest by the Business Rates Revaluation" as part of a three-point package of reforms is something of a token gesture. Philip Hammond has announced that the government will provide a £1,000 discount off rate liability for all pubs with a rateable value of ...

A VICTORY FOR COMMON SENSE – REDEVELOPMENT, REFURBISHMENT AND BUSINESS RATES

Harris Lamb has welcomed the long-awaited decision from the Supreme Court following the Monk v Newbigin case.  The Court unanimously allowed S J & J Monk’s appeal against the Valuation Office in the long-running case centred around how property undergoing refurbishment or redevelopment is valued. The case centred around an office building that was undergoing a major scheme of renovati...

BUSINESSES ADVISED TO ACT FAST AS 2017 REVALUATION LOOMS

Business owners across the UK are being reminded that time is running out for them to address their new Rateable Values before they come into force in April. Further to the Valuation Office Agency publishing the Draft 2017 Rating List, and advising all ratepayers of their new rate bills in advance of April 1st 2017, businesses have until the end of March to check their proposed Rateable Va...