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Important Update on Retail Relief

Following the recent March Budget the Chancellor has now further announced the extension of Retail Relief to apply to all occupied retail, leisure and hospitality properties in the year 2020/21….

Budget 2020 – What Does It Mean For You?

The Chancellor of the Exchequer Rishi Sunak has delivered his first Budget speech on 11th March 2020 with an influencing factor being the huge impact being felt across the country…

Will the Business Rates System Change Post-election?

Just because we now know which party is running the country, the subject of business rates remains controversial and just as uncertain as before the election. Already in 2019, the…

The Business Rates System is Broken, It’s Official

The House of Commons Treasury Select Committee has published its first report on the impact of business rates on business. Its key conclusions are: • the current business rates system…

Why 1 April 2019 is Significant for Business Rates

In the business rates calendar, 1 April 2019 promises to be a significant date, for several reasons: in last year’s Autumn Budget, the Chancellor announced a new retail discount schemefor eligible…

Is Your Holiday Home a Costly Cottage Industry?

A few years back, there were headline news stories of people “flipping” their second homes to avoid paying tax on the sale. This switch in use allowed owners of second homes to…

Split Decisions: Will Multi-Space Occupiers Pay Less Rates?

At one time, some businesses occupying more than one property unit in a building shared with other businesses could expect to receive a single rates bill. This long-established practice applied where…

Will Business Rates Deter International Retailers?

What is the biggest barrier to overseas investment in the UK’s retail sector? You might think Brexit might have something to do with it, and certainly there are uncertain times…

Commercial Property: Why is Size Not Important?

Are you looking at commercial property, with a view to expanding your business?  If so, it is important that you take the time to assess what you already have and set…

How Will the Draft Rating List Impact Your Business?

There will be changes when the new business rates come into effect on 1 April 2017. Early indicators show big increases in London and reductions in other regions.  But there are also differences in sectors….