Press releases

Are retailers using CVAs as a business rates workaround?

As retailers are faced with rising business rates to pay, CVAs could become a surprisingly appealing option for embattled high street traders. The Sunday Times reported that retailers were using CVAs to reduce their business rates bill. While CVAs have received a fair amount of press ...

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The Rise of the Virtual High Street

A UK parliamentary committee has recommended a levy on internet-only retailers like Amazon and Asos in order to level the playing field against high street shops who have to pay business rates on their shops. Being very much up with the times, the committee of MPs noted that there had "been...

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Business Rates Revaluation will hike bills for one in four

The next revaluation of all properties for business rates will take effect from 1 April 2017. Some ratepayers in sectors and locations where rateable values have increased more than the average will see significant hikes, particularly in London. The highest rises are in London where reta...

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News: NHS business rates challenge could cost 'hundreds of millions'

Local government could face a bill running into hundreds of millions of pounds after more than 100 NHS trusts demand business rates relief backdated for six years.  Many local authorities with a trust hospital in their area received a letter from ratings agents at Bilfinger GVA demanding that m...

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March 2016 Deadline

The Chancellor has announced new regulations limiting the backdating of amendments to the rating list. This means that some audit opportunities will close with effect from 31st March 2016.    ...

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Local authorities to "keep business rates"

Chancellor George Osborne has announced plans to allow councils to set business rates and keep the money collected. Speaking at the Conservative Party conference in Manchester, Mr Osborne revealed that, in what he described as "the biggest transfer of power to local government", council...

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