Labour’s tax bombshell for high streets Opinion The government is rushing through business rates reforms for private schools without considering the wider implications for sectors we all rely on, says John Webber Twelve months ago, the Labour Party was still talking about scrapping business rates if it got into power. Whether that was a genuine plan or whether the £22m blackhole discovered [...]
Opinion-in-brief: Rishi, stop dawdling on business rates Business rates raise £26bn a year but the tax is unfairly skewered against the retail sector who pay nearly one third of the tax. Only contribute one fifth to UK GDP. Retailers are paying rates bills linked to rental value 2015 – despite very different market conditions. Unaffordable business rates bills have been cited as [...]