Britain’s biggest companies call on Westminster for fundamental business rates reform September 16, 2014 Some of Britain's biggest businesses including Marks & Spencer, Sainsbury's, Tesco, General Motors and Tata Steel have called on the government to rip up the current business rate regime claiming the current system is “a critical problem for all of British business”. The controversial tax delivers around £25bn to the Treasury every year, but [...]
MPs demand overhaul of business rates March 3, 2014 A GROUP of MPs has waded into the debate on business rates by demanding a complete reform of the current system, calling for a tax based on sales instead of the value of a property. Suggesting a series of reforms that could hit online retailers such as Amazon and Asos, the Business, Innovation and Skills (BIS) [...]
Boris: Increase council tax and cut business rates in the capital March 3, 2014 LONDON Mayor Boris Johnson has called for a cut to business rates and increases to council tax for those who own expensive homes in London. Speaking at a Communities and Local Government select committee yesterday the Mayor said businesses are being “clobbered” by high rates while rich homeowners pay low rates of tax as council [...]