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 [...]