The amended retail relief scheme for properties in the retail and hospitality sector will not be counted as State Aid, lifting any restriction on the number of properties within the criteria that can obtain the relief. Updated information from the Government can be found here but the update states; “That the Government’s assessment is that, [...]
About bethThis author has not yet filled in any details.
So far beth has created 12 blog entries.
Below is a summary of the measures announced by The Chancellor in todays budget relating to Business Rates : Retail Relief Increased to 100% The current retail relief scheme granted to companies in the retail, leisure and hospitality industry with an RV of below £51,000 has been extended from 50% as planned to 100%. This [...]
In todays budget The Chancellor announced that the planned pub retail relief of £1,000 has been increased to £5,000. Further details of this relief will be made available to relevant ratepayers in the coming days. This is also applicable to rate payers in Wales.
Mr Sunak announced in the Budget on 11th March 2020 , that for any firm that currently eligible for Small Business Rates Relief there will be a £3,000 cash grant per business available, this has now been increased to £10,00. "This is a £2bn cash injection direct to 700,000 of our smallest businesses," he told [...]
The retail relief scheme granted to companies in the retail, leisure and hospitality industry has now been extended to any company regardless of RV. This will see business rates for the applicable companies scrapped for the year 2020-2021. Local Authorities will be issuing further details to those who are liable for the relief in the [...]
If your premises has been damaged and is no longer habitable due to the recent flooding you may be entitled to business rates relief under the Valuation Office's regulations regarding a 'Material Change In Circumstances' (MCC's) which is noted below. Contact your local Billing Authority who will be able to give you further information. Unsure [...]
Under the limitations Act 1980 retrospective billing can only go back as far as 6 years. The Act states that : Time limit for actions for sums recoverable by statute. An action to recover any sum recoverable by virtue of any enactment shall not be brought after the expiration of six years from the date [...]
Figures produced by independent statistical staff , free from any political influence and in accordance with professional standards set out in the Code of Practice for Official Statistics have been released. The figures show the progress and results of appeals following the 2010 and 2017 business rates revaluations. The data as at 30 June 2019 [...]
New data released by the Government shows that a backlog in cases under the new appeals system is being created. The government figures show that since the new Check , Challenge , Appeal system was introduced there have been 100,740 checks registered, with 64,440 lodged in the last year alone and 18,340 registered in the [...]
Chancellor Sajid Javid appears to have disregarded a letter signed by over 50 retail bosses which urged the government to reform the business rates system. As reported earlier this week, bosses from some of the largest retailers such as Asda, Sainsbury’ & Marks & Spencer wrote to the chancellor asking for him to consider reforms [...]