Inflation figures worrying for SMEs whilst still linked to 2024 business rate rises

A slight drop in the headline inflation rates last month will be little comfort to businesses currently facing a business rate hike that will be based on September’s CPI inflation figure. New figures from the... Continue reading

Calls for extension to business rate reliefs in 2024 growing stronger

Several reports are coming out in the media that the Government is considering extending business rate relief beyond the current April 2024 deadline. As reported in The Times and Small Business, industry experts are speculating... Continue reading

All you need to know about the Non-Domestic Rating Bill, by Head of Rating Stuart Hicks

By Stuart Hicks, Head of Rating, (FRICS, Dip rating) Non-domestic rates (business rates) have been the subject of discussion for years, primarily due to the level of tax and because of the empty property rates... Continue reading

Draft Non-Domestic Rating Bill reaches report stage in the House of Lords

The draft Non-Domestic Rating Bill is at the report stage in the House of Lords and makes very important changes to the rating system. It includes additional obligations for agents and advisors in terms of... Continue reading

Business rates blamed for thousands of shop closures – BRC

Business rates and the pandemic lockdown are being blamed for 6,000 shops that have closed down in the UK in the last five years, according to the British Retail Consortium. Dubbed ‘crippling’ by BRC chief... Continue reading

Government consultation launched on business rates’ avoidance and evasion

The Government has launched a full consultation on avoidance and evasion across the business rates system. The consultation is now open and run until 28 September 2023. The full consultation details and how to contribute... Continue reading