Paul Nash, Regional Head of Rating, commented: “Whilst this review is welcome, the postponement by the government, in autumn 2012, of the next Revaluation for two years means that needed change cannot be delivered before April 2017.
“It would be much more equitable for businesses around the country for the government to re-assess rates on a more frequent basis, and to remove the imposition of full rates on empty commercial and industrial properties.
“Until we move to a fairer system for all businesses, for many today’s announcement could be too-little, too-late.”
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