Revaluate business rates more regularly
Alexandra Jones writes a letter in the Financial Times arguing for the devolution of the business rates revaluation process.
Alexandra Jones writes a letter in the Financial Times arguing for the devolution of the business rates revaluation process.
Companies across the country are facing dramatic changes in their business ratesbill, as a result of a long-overdue revaluation of the tax, which comes two years later than planned and eight years after the last revaluation. The level at which rates are set have a significant bearing on how competitive a business environment cities can offer, and the revenue generated by the tax is crucial for supporting local economic growth.
Read the rest of the letter in the FT.
