All Business rates articles – Page 3
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Retailers to receive £430m tax rebate following ATM ruling
The Supreme Court has confirmed that external ATMs will no longer be subject to a separate business rates assessment, after dismissing a Valuation Office Agency appeal.
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Coronavirus: Scheduled business rates revaluation postponed
The government has announced that the scheduled revaluation of business rates, due to take place this summer, has been postponed due to the virus outbreak.
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Coronavirus: ACS provides summary of business rates support and grants available
ACS (the Association of Convenience Stores) has compiled a summary of the business rates and cash grant support measures that have been made available for retailers in response to the coronavirus outbreak.
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Budget: Business rates temporarily abolished amid coronavirus outbreak
Shops with a ratable value of less than £51,000 will have their business rates “abolished” in the coming financial year, as part of a package of measures to help support businesses through the COVID-19 (coronavirus) outbreak.
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Budget: Chancellor under increasing pressure to deliver rates reform
The Chancellor is under increasing pressure to push ahead with business rates reform in the 11 March Budget, following the intervention of organisations representing thousands of businesses.
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Government urged to act on rate review after dismissing MPs’ concerns
The government has broadly defended business rates and dismissed concerns raise by MPs on the Treasury Select Committee, prompting calls to act on its pledge to undertake a fundamental review of the system.
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Slow start to 2020 as retail sales struggle to recover momentum
The start to 2020 has proven to be “especially disappointing” for retail, with sales growth falling behind previous years, new figures from the BRC-KPMG Retail Sales Monitor show.
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MSPs urged to protect Scottish stores by maintaining uniform rates
Members of Scottish Parliament (MSPs) are being urged to protect small business owners by maintaining the Uniform Business Rate and voting against an amendment which would allow local authorities to set their own rates and impose additional levies and supplements.
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Business rate relief scheme extended in Wales for 2020-21
The Welsh Assembly government has extended its high street business rate relief scheme for 2020-21.
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ACS raises concerns over devolving business rates to Scottish councils
The Association of Convenience Stores (ACS) has raised concerns with the Scottish Parliament’s Communities and Local Government Committee about the negative impact that localising business rates would have on convenience retailers.
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Queen’s Speech outlines changes to business rates in the year ahead
The Queen has set out the government’s plans to “bring forward” changes to business rates over the next year, which are expected to include an increase in the rates discount for small stores.
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Scottish proposals to devolve business rate powers to councils slammed
A vote by Members of the Scottish Parliament (MSPs) to hand control of business rate powers to local authorities has been criticised by retail groups, who have warned of the impact on c-stores.
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General Election: All parties target business rates in bid for high street retail vote
The future of business rates has emerged as a key policy focus for the main political parties ahead of the General Election on 12 December.
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General Election: Lib Dems pledge to scrap business rates
The Liberal Democrats have pledged to scrap business rates and replace the tax with a new commercial landowner levy.
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General Election: Conservatives pledge measures to help small businesses
Prime Minister Boris Johnson has announced a series of measures to help small businesses, including reforming business rates and increasing the Employment Allowance, if re-elected on December 12.
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General Election: BRC sets out retail priorities for next government
The British Retail Consortium (BRC) has set out a list of key changes which it claims would help the next government to better support the UK’s retail industry.
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MPs urge government to consult on alternatives to “broken” rates system
MPs have called on the government to consult on alternatives to the “broken” business rates system ahead of the Spring Statement 2020.
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Scottish stores will not face business rates hikes on Reverse Vending Machines
Scottish store owners who install reverse vending machines (RVMs) under the impending Deposit Return Scheme will not face a hike in business rates, first minister Nicola Sturgeon has announced.
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ACS calls for urgent action on wage costs amid further retail job losses
The Association of Convenience Stores has called for “urgent action” in the Budget to help store owners offset the proposed rise in the National Living Wage, as new figures revealed the 15th consecutive quarterly decline in retail employment.
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Retailers in England face £137m business rates rise next April
Retailers in England will have to pay an extra £137m in business rates from next April, according to calculations based on the latest monthly inflation rates.