RICS means business on rates
As a registered company with the Royal Institution of Chartered Surveyors (RICS), we’ve been asked to join in a new consultation about business rates.
Business rates have been one of the most contentious issues for SMEs – particularly retailers – for many years now. Of course, the issue of business rates has many knock-on effects for the wider property market and economy; not least on the health of the high street.
In its March Budget the Government announced the release of its long awaited review into the tax – and invited comments.
One of the most interesting points was a proposal for more frequent revaluations over three year periods.
This was a time period recommended by RICS, which will also look at self-assessment and formula options as part of its response to the Government.
RICS has also invited all of its members to send it their opinions to form part of its official response to the Government.
The final document should make interesting reading. Business rates have been a sticking point for too long and some fairly serious action is needed.
As a registered company with RICS, we keep to up to date on all issues affecting the industry and the property market.
Our Managing Director Bill McAndrew, Director Ian Lee, Consultant Ken Veness and Chartered Solicitor Alf Wimshurst are all Fellow of the Royal Institution of Chartered Surveyors (RICS).
We believe it is important as a firm to reach the highest industry standards, and then exceed them. Membership of RICS helps us do that.
Please contact our friendly and efficient staff us to discuss any of your surveying needs. Call us on 02392 697193 or email [email protected].
You can also like us on Facebook and connect with us on LinkedIn under our name, and follow us on Twitter under @McAndrewMartin
Visit www.rics.org/uk/news/news-insight/comment/have-your-say-rics-response-to-hmt-3-year-revaluations-/ for more about business rates.
As a registered company with the Royal Institution of Chartered Surveyors (RICS), we’ve been asked to join in a new…