A reform of the business rate system and an online retailer tax were both on the agenda at this week’s Conservative Party conference, but Revo’s policy adviser Matthew Ogg said urgent action was required to bring forward these changes.
Business secretary Greg Clark said business rates could be changed to help high-street retailers, while chancellor Philip Hammond suggested that an online tax could be introduced.
Ogg told Property Week that there was an opportunity to act quickly after the conference, with the budget coming up at the end of the month.
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