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Budget March 2016: Business Rates Update from Gerald Eve's Jerry Schurder

Budget March 2016: Business Rates Update from Gerald Eve's Jerry Schurder

Jerry Schurder, Head of Business Rates at Gerald Eve, reflects on the Chancellor’s March 2016 Statement.

https://youtu.be/MDF8C-be8gA

The Chancellor concluded his eagerly anticipated review of the business rates system as part of his Budget Statement and announced a range of measures to be introduced over the coming years.

In the context of business rates this was a Budget for SMEs with little sign of a material reduction in costs for others.

The key structural change - which we warmly welcome - is the intention to move towards more frequent revaluations, at least every three years, about which a further consultation is promised shortly.

Click here to view Gerald Eve's latest Business Rates Update (PDF).


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