Treasury Select Committee to review business rates policy
The Parliamentary Treasury Select Committee has launched an inquiry into business rates to scrutinise how Government policy has impacted business. The Committee will examine how business rates policy has changed, including business rates retention, alternatives to property-based taxes, such as the proposed digital services tax, and how changes to business rates could impact businesses.
2010 Rating Lists reopened
The government has now published regulations that will enable ratepayers in England who occupy contiguous properties, but which are treated separately for the purposes of business rates, to seek to have those assessments merged in the 2010 rating list. This is the reversal of the so-called "staircase tax". Those rating lists ended on 31st March 2017, but the new regulations will allow proposals to alter them to be made, in limited circumstances, between 17th December 2018 and 31st December 2019. ...Read More