Business Rates Review 2015

Business Rates Review 2015

The business community is united in its view that the business rates system is no longer fit for purpose in the 21st century.  The system needs to be fundamentally reformed to flex more closely with changes in the economy and occupation of non-domestic property.  We want to see the system reformed so it is fair for all businesses, internationally competitive and can be a tool to reward investment.  There are many elements of the current system that discourage new business investment and rating schemes that do not reflect their market or social value.  The current system is also bureaucratic and inefficient, characterised by many appeals, and uncertainty over rating decisions.  This review offers an opportunity to make the system more efficient and less costly for the taxpayer and for businesses.

Business Rates


ACS' submission: