News

If you are a journalist and require further information then please do not hesitate to contact 0207 636 7366/ 07399640204 or e-mail press@cvsuk.com

 

Review the Business Rates Yield Too, Chancellor
Thursday, March 16, 2017
Forecasts by the Office for Budget Responsibility now reveal that, by the end of the new 5 year tax cycle for business rates, in 2021/22, revenue is likely to be £33.7billion. Undoubtedly this...
DCLG confirm £2.5billion U-turn on Rates
Thursday, March 9, 2017
The proposed “Professional Judgement” Test was the biggest issue raised by trade bodies and rating agents alike in the run up to the Spring Budget, with many branding it “illegal”. This week, a...
Can't pay, won't pay - business buckles under the rates burden as 1 in every 8 business hauled before the Courts
Thursday, March 2, 2017
Our recent investigation has found that nearly 200,000 businesses across England and Wales were hauled before a Magistrate in 2015/16 for non-payment of their business rates bills. Under the...
Business rates bills for London's offices in the City set to rise by an astronomical £1.44bn - 5 year tax hike revealed - Fuelling Khan to 'decouple' London's tax arrangements
Tuesday, February 21, 2017
Business rate bills for offices just in the City of London are set to rise by a staggering £1.44bn over the 5 year life of the new Rating List. The Government has now adjusted the Rateable Values...
The Crossrail Levy has been extended into 2017/18, but the qualifying Rateable Value threshold has increased
Friday, February 10, 2017
The Crossrail levy was introduced in April 2010 and meant that any business in London and the City with a Rateable Value of £55,000 or more would pay a 2p levy in the form of a business rates...
Barnsley’s ASOS distribution centre receives tax reduction as small shops continue to battle for survival
Wednesday, February 1, 2017
As more shoppers turned to the internet, and away from local high streets, for their Christmas shopping, we believe that April will serve a ‘hammer blow’ to small shops battling the online surge....
We’re Recruiting!
Thursday, January 26, 2017
According to the recent issue of the North West Business Insider, the biggest barrier to business growth in 2017 is skills. This was more of a worry to businesses surveyed by Hill Dickinson than...
London’s restaurants face a hard to swallow business rates hike of £336million
Wednesday, January 25, 2017
Business rate bills for restaurants across London are set to rise by a staggering £336.5million over the next 5 years. Rateable Values for restaurants across the 32 boroughs of London, including...
The NHS funding crisis is set to worsen as we reveal rates hikes Hospitals across England will face
Friday, January 13, 2017
Despite news this week that The Royal College of Emergency Medicine was in ‘early discussions’ over more cash for A&E departments to help them cope, we can exclusively reveal that business rate...
£1.1bn business rates appeals fund ‘unaccounted for’ raises concern that businesses have been significantly overcharged since 2010
Wednesday, January 4, 2017
At the 2010 Revaluation, the Valuation Office Agency was tasked with containing reductions on successful business rates appeals to 3.6%. We suggest that this threshold will never be reached, so it...