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Business rates review - BBPA comments

17/03/15


Brigid Simmonds comments on the Government’s announcement that it has confirmed it will be conducting a review of business rates in England, in response to concerns that the system is in need of reform to make it fit for a 21st century economy:


“A wide ranging review is sorely needed, which I welcome, but if the Government is committed to raising the same amount each year, they need to think about widening the net and there must be a system that is responsive to the pressures on small and struggling businesses.


“In the pub sector we know all too well how the rates burden does not respond quickly enough to an adverse change in the trading climate. We will certainly be using the opportunity to put forward proposals to address these challenges, and the huge rates burden on pubs.”


Notes to editors:

The HM Treasury news release can be accessed here.


The British Beer & Pub Association is the leading body representing Britain’s brewers and pub companies. The Association is more than a century old and was originally founded as the Brewers’ Society in 1904. Our members account for some 90 per cent of beer brewed in Britain today, and own around 20,000 of the nation’s pubs.


The BBPA leads calls for a fairer system of business rates for pubs. Key BBPA proposals include:
• The extension of small business rate relief, with the raising of the threshold at which small businesses are defined
• Greater use of rural rate relief to help rural pubs
• More transparency from local authorities, by listing the reliefs that are available to businesses on their rates bills
• Making it easier for pubs to be revalued if their economic circumstances alter




Tags:

VAT, Business rates


For further information contact:

Neil Williams
Head of Media
nwilliams@beerandpub.com
Tel: 020 7627 9156 / 07974 249 779


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