Press releases

Government pledges 2% tax on online retail

The Northern powerhouse and high streets minister has promised to extend the Digital Services Tax to include a 2% charge on online retail In answers to questions on the Future High Streets Fund in the House of Commons last week, Jake Berry, the parliamentary under-secretary of stat...

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Government launches business rates inquiry

The Treasury Committee will examine how business rates policy has changed, alternatives to property-based taxes, such as the proposed digital services tax, and how changes to business rates could impact businesses. The review has been welcomed by the Association of Convenience Stores. Chief execu...

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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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