News

  • NHS trusts demand backdated business rates discount worth £1.5bn

    27th February 2016

    As many as 100 NHS trusts are demanding a backdated business rates discount worth £1.5bn, saying they are entitled to it as charities. Property consultants Bilfinger GVA wrote to local authorities on behalf of their clients, saying they are charities instead of public sector-funded organisations, and are therefore entitled to the 80% discount on business […]

  • UK firms braced for ‘watered down’ business rates review

    23rd February 2016

    Government’s reform plan thought to ignore pleas of manufacturers and retailers across Britain British companies are bracing themselves for disappointment after it emerged that the Government is planning to water down its reform of the controversial business rates system. In November Chancellor George Osborne pushed back the long-promised overhaul until the Budget in March, which […]

  • CBI urges business tax changes as Tory policies burden firms with £9bn annual costs

    16th February 2016

    Business rates and recent fiscal policies like the national living wage including the apprenticeship levy are increasing the burden on businesses and will cost companies £29bn over the course of the parliament, a leading business group has claimed. The Confederation of British Industry (CBI) found that new policies from the government could cost UK businesses […]

  • Cumbrian councils can keep all Moorside nuclear business rates

    COUNCILS in west Cumbria will keep all business rates resulting from the nuclear new-build at Moorside, Sellafield Ministers were proposing that Whitehall should keep all the rates received from Moorside, where NuGen plans to build the UK’s biggest nuclear power plant. This would have amounted to many millions of pounds. Sellafield’s annual rates bill is […]

  • CBI blasts business rates system

    11th February 2016

    The Confederation of British Industry (CBI) has warned the government that current business rates are “distorted” and “outdated” and need urgent reform The CBI said the current system is undermining high streets and manufacturers and making investment in commercial property unattractive, dragging down productivity. It urged the government to prioritise a reform of business rates […]

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