Revo reacts to business rates announcement29 September 2016
Local Government Minister Marcus Jones has published a consultation on the transitional arrangements for the 2017 business rates revaluation for England.
Edward Cooke, Chief Executive of Revo – the retail property community, said: “Whilst there is clearly sympathy for those retailers with the largest rates increases, it is critical that those who have been paying too much tax since government's ill-conceived decision to postpone the 2015 revaluation, see their rates bills reduced immediately.
"Whilst we believe some support to absorb significant tax increases would be welcome, we also encourage ministers not to burden businesses outside the south east with excessive levels of this punitive tax any longer.
"This all reinforces the need for more frequent revaluations. For this to happen government needs to address the opaque appeals system."