2022 BUSINESS RATES REVALUATION LOOKS INCREASINGLY LIKELY AMID BREXIT NEGOTIATIONS

The scheduled 2021 Business Rates Revaluation Is looking increasingly likely to take place in 2022, according to business rates specialists at Harris Lamb. The Queen’s Speech, which set out the Government’s legislative agenda during the State Opening of Parliament yesterday, highlighted the fact that with the last three years having been largely dedicated to Brexit negotiations, planned ef...

COULD WE REALLY BE ON THE WAY TO REALISING A REFORM OF THE BUSINESS RATES SYSTEM?

Last week saw something we have been hoping for a long time; an inquiry was launched by the Treasury Committee to look into how the Government’s Business rates policies have affected business. Of course, it’s rather long overdue – Rating professionals throughout the industry have been pleading for such a review for years in the hope that such a step would leave to a complete reform of th...

UK BUSINESSES AND THE BUDGET: WHAT DOES IT ALL MEAN?

There had been a huge amount of hype in the run up to the Chancellor’s Budget this week, with business owners being very keen to see those contentious business rates being reduced. But what are the salient points to focus on? Nigel Fletcher of our Rating team sheds some light... Major Government announcements often promise much but, with the devil being in the detail, real benefits can be les...

ALMR PLEDGES TO HOLD THE GOVERNMENT ACCOUNTABLE OVER RISING BUSINESS RATES

By Victoria Trafford, Director of Business Rates The Association of Licensed Multiple Retailers (ALMR) has called on the Government to ‘act decisively and soon’ to alleviate increasing concerns amongst licensees about escalating business rates. Businesses within the hospitality industry are bracing themselves for hikes in bills from April, and the recent figures released by the Governmen...

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...