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In December 2008, with the country on the verge of economic collapse, Rating in Brief considered the likely impact of the government’s empty property taxation policy on speculative development and the synchronisation of supply and demand.
Business rate payments place a heavy burden on many organisations. Yet, due to a lack of awareness, available relief is often under-utilised. Here is a brief summary of what’s available.
Two increasingly popular routes to the legitimate avoidance of business rates tax are to exercise rights under Empty Property Rate (EPR) and charitable relief legislation.
In 2015, for the first time in a decade, government income from business rates will exceed council tax collections; unrepresented occupiers will soon be paying more to the Exchequer than those with the right to elect their government.
With the Portas review now a fading memory, ex-Wickes boss Bill Grimsey has published his own perspective on the plight of the High Street.
Fracking, the extraction of natural gas from shale deposits stored underground not only provokes strong environmental opinion, it also represents the latest challenge for the world of rating and valuation.