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...

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 ...