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Business Rates Update: Post Budget Announcements

Business Rates Update: Post Budget Announcements

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

As promised at Budget 2016, the Government has now published two further documents, which were slipped out without any announcement late on Maundy Thursday evening – trying to keep them under the radar perhaps?

One is a summary of the responses to HM Treasury’s review of business rates and the other is a ‘discussion document’ on issues related to delivering more frequent rating revaluations.

As you will appreciate from our Business Rates Update, we regard both as something of a curate’s egg – mostly disappointing, especially to larger businesses, but with some redeeming features.

https://youtu.be/DDy-06f6Xqk


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