3rd June 2020
6th May 2020
2021 Business Rate Revaluation postponed
A revaluation of business rates will no longer take place in 2021 to help reduce uncertainty for firms affected by the impacts of coronavirus, Communities Secretary Robert Jenrick has announced. Legislation had been introduced to bring the next revaluation forward by one year from 2022 to 2021, but following the recent economic impacts of the coronavirus pandemic ministers want to ensure businesses have more certainty during this difficult... Continue reading
7th May 2018
Business Rates’ revaluation almost bad as 2008/09 crash for retailers?
The business rates’ revaluation has been almost as bad as the financial crash of 2008/2009 for restaurant groups and retailers, according to new research out this week. In the last 12 months, since the revaluation... Continue reading
14th March 2018
Spring Statement – rates’ revaluation moving to 2021
By Stuart Hicks, Director The Spring Statement announces that the government is bringing forward the next rating revaluation for business rates by one year to 2021… Wow! This follows the Autumn Budget 2017 move to... Continue reading
26th February 2018
Business rate receipts to soar as appeals plummet
By Stuart Hicks, Director It is business rates bonus time for the Government once again with almost £25bn set to be collected in 2018/19. Local authorities in England alone are calculated to collect an additional... Continue reading 8th February 2018
Retailers are getting creative to qualify for business rate relief
It seems retailers are having to become “creative” to find ways to qualify for the various business rate relief schemes currently on offer. Reports are surfacing of small retailers looking to abandon or even “lop... Continue reading
23rd January 2018
Business rate row shows dangers of tinkering with tax over reform
By Stuart Hicks, Director. Scotland seems to be tying itself in knots at the moment after a loophole in plans for small business rate relief mean hundreds of SMEs are still facing massive hikes this... Continue reading
12th January 2018
Debt collectors called in to claw back Business Rate arrears
By Stuart Hicks. Director. English and Welsh councils are believed to have used bailiffs on nearly 41,000 firms that struggled to pay higher business rates following the Government’s controversial revaluation last year. Apparently, research shows... Continue reading 26th May 2017