BUSINESS RATES – THE 3 RS – RELIEFS, REVALUATIONS AND REFORM

BUSINESS RATES – THE 3 RS – RELIEFS, REVALUATIONS AND REFORM 

The turmoil in the world of business rates continues. The Government has brought in previously unimaginable reliefs as a response to Covid-19 and launched yet another fundamental review of the system due to conclude at the Autumn Statement. It has also deferred the planned 2021 revaluation for two years.

• Covid 19 – how to reduce rates bills – reliefs and rates appeals
• The 2017 revaluation – still time to appeal – navigating Check Challenge Appeal
• The 2021 revaluation has been postponed until 2023. What happens to rates bills in the meantime?
• The Government’s review of business rates – options for reform or replacing the broken tax

Jerry Schurder, Head of Business Rates at Gerald Eve LLP