News
ATMs not liable for additional business rates, Supreme Court rules
20TH MAY 2020 – THE SUPREME COURT HAS RULED THAT ATMS ARE NOT LIABLE FOR ADDITIONAL BUSINESS RATES. There has been a long-running dispute with major supermarkets concerning business rates and ATM machines. The landmark decision follows an appeal by the Valuation Office Agency (VOA) against a decision in November 2019 in which the Court…
Read MoreRevaluation Postponement – Reaction
ELEVATED BILLS IN THE WAKE OF THE PANDEMIC The government decision to postpone the overhaul of business rates will expose some of the industries most acutely affected by the coronavirus pandemic to yet another year of elevated bills. The revaluation of business rates, due to take place next year in England, will instead be put…
Read MoreAnalysis Shows Midlands and North Most at Risk
BUSINESS RATES SCANDAL AS NORTH AND MIDLANDS SHOULDER HIGHEST BURDEN AND ‘OFFICIALLY NEED HELP’ MPs are calling for Business Rates to be slashed to help struggling shops. Proposals have been made for a cut to help protect retailers across the UK. Such a move offers potential to help create thousands of new retail jobs in…
Read MoreInterim business rates ruling may mean offices could share £481m rebate
FOLLOWING AN INTERIM RULING OVER REBATES UK BUSINESSES COULD SAVE A COMBINED £481M The BBC has reported that offices which appealed their rates bills can have a 25% rebate, according to the Valuation Office Agency, which sets the rateable value before a local authority issues the bills for business premises. Chancellor Rishi Sunak gave retail,…
Read MoreBudget 2021 – What does it mean for your Business?
BUSINESS RATES INFORMATION: BUDGET AND CONFIRMATION OF THE 2021/22 BUSINESS RATES MULTIPLIERS Following the Budget, the Ministry of Communities Housing and Local Government have published their Business Rates Information Letter, confirming the Budget 2021 business rates measures. At the Budget on 3 March 2021, the Chancellor announced that the Government would provide additional business rates…
Read More‘Distorted’ Inflation Figures Trigger Expectations of £1 billion Increase
SEPTEMBER 2021’S CPI RATE SIGNALS £1 BILLION BUSINESS RATES INCREASES FOR ENGLAND IN APRIL 2022 The 2021/22 Rates year starts on 1 April 2022 and rates bills for this year will be issued shortly beforehand, generally during March in England and Wales. The Government is expected to announce that the setting of the Uniform Business…
Read MoreGovernment Announces COVID-19 Additional Relief Fund
THE GOVERMENT HAS ANNOUNCED THE COVID-19 ADDITIONAL RELIEF FUND, WHILST LEGISLATION STOPPING COVID-19 ‘MCC’ REDUCTIONS RECEIVES ROYAL ASSENT. It was reported earlier in the year that discussions were progressing with the Valuation Office Agency (VOA) regarding ‘appeals’ made due to the pandemic, only for discussions to stall. Emergency regulations subsequently came into immediate effect which…
Read MoreGrowing Concern Over Business Rates Reform
LATEST BUSINESS RATES REVIEW BRANDED INSUFFICIENT A stark warning has been issued over the Government’s latest business rates review Widespread concern has been voiced within the Rating sector over the most recent Government review on business rates as insufficient, and there is hope that sector businesses will respond before the 22nd February deadline. The review is…
Read MoreBusiness Rates Calculator is Now Live!
As part of our ongoing commitment to bring about the highest standards of positive change in the Rating Sector, we are proud to have developed a revolutionary new tool to help businesses identify the scope for possible reductions in their rateable value… simply enter your business postcode below to get your personalised report of the…
Read More£1 billion in support for businesses most impacted by Omicron across the UK
ADDITIONAL SUPPORT WILL BE AVAILABLE FOR BUSINESSES WHO HAVE BEEN IMPACTED BY THE OMICRON VARIANT, THE CHANCELLOR, RISHI SUNAK ANNOUNCED TODAY ON 21 DECEMBER. Chancellor of the Exchequer, Rishi Sunak has stated that the government recognises that the spread of the Omicron variant of Coronavirus means businesses in the hospitality and leisure sectors are facing…
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