All Business rates articles – Page 7
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Online
Ratings expert McCormack joins Montagu Evans
Business rates expert Ken McCormack has joined Montagu Evans as a partner and will lead the firm’s Scottish rating work.
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Insight
Barclay Review is just a step in the right direction
The sector has long called for an urgent reform of the business rates system in Scotland and so it was positive to see the proposals of the Barclay Review . If they are now implemented by the government it could be a positive step forward.
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Online
Barclay Review on business rates: property reacts
Recommendations from the Barclay Review of Business Rates – including a £45m tax relief for new build properties – have been broadly welcomed by the Scottish property sector.
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Professional
New minority government puts business rates reform on the back burner
Last week’s Queen’s speech failed to mention the Local Government Finance Bill (2017) in a move that effectively kicked business rates reform into the long grass.
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Online
Valuation Tribunal rules museums must be valued on net income for business rates
York Museum and Gallery Trust has won its battle with the Valuation Office Agency (VOA) in which it claimed that properties should be valued on a net income basis for business rates purposes, rather than rebuild costs.
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News
Experts slam Tory pledge to 'simplify rates'
Rating experts have slammed the Conservative party’s plans to reform business rates announced in its manifesto.
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News
No rates backlash in Soho
Shaftesbury has reported no backlash from tenants on business rate increases after delivering upbeat interim results this week underpinned by continued rental growth.
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Professional
The Conservative manifesto unveils more changes to the business rates system
The Conservatives are planning further changes to the business rates system if they retain power in next month’s general election, the party’s manifesto has revealed.
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News
NewRiver benefits from rates revaluation
The business rates revaluation in April has provided a significant boost to NewRiver REIT’s tenants.
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Online
Rates reforms: a failed experiment
Panjandrum: while for most the word may bring to mind a particular kind of pompous and pretentious public servant, few remember it as the codename for one of the Second World War’s most bizarre experiments.
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Online
CBRE’S head of rating relocates to Aberdeen
CBRE has announced that its head of rating in Scotland, Brian Rogan, has relocated to the Aberdeen office to focus on assisting clients in the North East with the business rates revaluation appeal process following the April revaluations.
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Insight
Flexible density rules needed to reap benefits of Crossrail 2
Major London landowners are calling for a relaxation of current rules on the density of development in the capital to enable the property industry to help foot the bill for Crossrail 2.
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Professional
Government defence of business rate rises is unlikely to stem outcry
The business rates revaluation is proving particularly incendiary, with ratepayers up in arms over increases and the government fighting hard to defend its position.
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Online
JLL launches new Scotland rating team
JLL has boosted its professional team in Scotland with the appointment of two valuation specialists as part of a new ratings team.
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Insight
Hammond’s last-minute giveaways don’t mask deep problems with business rates system
The extraordinary row that has played out in Westminster in recent weeks about business rates was no surprise to those in the retail and property world.
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Insight
Hammond has missed a chance to reform rates
Philip Hammond may not have the same propensity for rabbit-conjuring as his predecessor did, but his approach to business rates does have a whiff of March hare madness about it .
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Insight
Supreme Court rates ruling is only first step in right direction
Last week’s Supreme Court ruling that the owners of stripped-out office developments should not have to pay business rates was hailed by experts as a “victory for common sense” - but questions still remain over the impact of the decision.
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Insight
Fight these 'punitive and unfair' business rate changes
Many of us will have had the rare but welcome pleasure of receiving a tax refund from HM Revenue Customs when audits uncover errors in how tax bills were calculated.
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Insight
Chancellor under pressure over business rate changes
The new draft rating list was published by the Valuation Office Agency (VOA) back in September, but it was only this week that it blew up into a political storm as letters dropped through people’s letterboxes spelling out the full implications.
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Professional
Autumn Statement: inadequate business rate plans dishearten industry
The overwhelming consensus on chancellor Philip Hammond’s first - and apparently last - Autumn Statement was one of frustration.