Trade bodies unite to lobby for business rates reform

Drinks: Drinks
Other: Business

A group of trade bodies have joined together to lobby the UK’s three leading political parties to reform the ‘complex’ and ‘unfair’ business rates system.

The group includes the British Beer and Pub Association (BBPA) and the Association of Licensed Multiple Retailers (ALMR) alongside the British Chambers of Commerce, the British Property Federation, alongside four other retail bodies.

The challenges businesses face as the UK negotiates its future relationship with Europe has made reducing the burden of business rates and fundamentally reforming the system even more critical, the group says.

It is calling for: an increase in the frequency of revaluations beginning in 2020 alongside a straightforward valuation process; and a move of business rates to CPI indexation beginning in 2018, with a flat rate beginning in 2020.

The letter states: ‘The business rates system will be a key factor in shaping investment and growth in the UK economy for decades to come. We respectfully ask the next government consider our views and to fundamentally reform business rates making them fit for purpose in the future.

‘Business rates will not cease to be an issue for businesses until we have a fair system of business taxation, which is internationally competitive and encourages investment.’

About Author

Claire Dodd

As a freelance journalist, Claire has written about pretty much any topic you can imagine, from which are the best sausages, to how to flood-proof your home. However, her writing on drinks began when she landed a job as a features writer for the Publican magazine in 2007. Adjusting to a lifestyle of sampling the best drinks from around the world was tough, but someone had to do it. Having left the title in 2011, today Claire focuses on drinks and travel writing for both consumer and trade titles. Aside from searching the globe for the best drinks, and the nicest spots to consume them, she also judges global brewing competitions and keeps an eye on the business moves of the on-trade.

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