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Business rates CUT didn't come in time for latest High Street casualty iCandy
Business rates CUT didn't come in time for latest High Street casualty iCandy
Thursday, May 18, 2017
The demise of high street retailer iCandy has been attributed to “financial pressures” stemming from rising business rates and dwindling consumer spend say FRP Advisory, who have been appointed...
Sainsbury’s £40million tax cut revealed as trade bodies call for “fairness” from all major political parties ahead of General Election
Sainsbury’s £40million tax cut revealed as trade bodies call for “fairness” from all major political parties ahead of General Election
Thursday, May 11, 2017
Last week, Sainsbury’s warned that rising costs would hit its profits hard in the coming months; however, our data reveals that they will benefit from a £40million tax cut on its largest stores under...
London to enjoy lion’s share of rates relief pot, North East to get the least
London to enjoy lion’s share of rates relief pot, North East to get the least
Tuesday, May 2, 2017
The Chancellor Philip Hammond announced in his first Spring Budget a £300 million discretionary relief fund for businesses hit badly by the business rates Revaluation shake-up. The Government...
Retailers lose key court battle over business rates bill on ATMs outside shops
Retailers lose key court battle over business rates bill on ATMs outside shops
Thursday, April 27, 2017
Fears are mounting over the future of free 'hole in the wall' cash machines attached to shops after retailers lose a key court battle over business rates bills on ATMs. A legal ruling...
Whilst Britain's biggest retailer, Tesco, recently reported a £1.28billion annual profit, and a hike in sales of 4.3% to £49.9billion, we can reveal that in fact, the grocer is in line for a tax CUT of £105m over the next 5 years.
Tesco's £100 MILLION tax CUT as Labour accuse Government of "Bias" against small business
Friday, April 21, 2017
Whilst Britain's biggest retailer, Tesco, recently reported a £1.28billion annual profit, and a hike in sales of 4.3% to £49.9billion, we can reveal that in fact, the grocer is in line for a tax CUT...
Labour vow to take on big business over rates
Labour vow to take on big business over rates
Thursday, April 13, 2017
The Leader of the Labour Party, Jeremy Corbyn, this week announced to the Federation of Small Business that a Labour Government would introduce a radical reform of business rates, to stop ‘...
Businesses face at least another 2 years wait for their rates appeals from 2010 to be heard
Businesses face at least another 2 years wait for their rates appeals from 2010 to be heard
Friday, April 7, 2017
A staggering 166,351 business rates appeals from the 2010 Rating List are sat in limbo and going nowhere, our investigation shows. From a Freedom of Information request, we know that 18% of all...
Councils want a 'hotel bed tax' to plug budget cuts yet will rake in an EXTRA £800m in business rates
Councils want a 'hotel bed tax' to plug budget cuts yet will rake in an EXTRA £800m in business rates
Thursday, March 30, 2017
Councils are in advanced talks with the Secretary of State, Sajid Javid, under the Sustainable Communities Act, which allows communities and councils to put forward ideas to government to solve local...
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
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...