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Asda and Boots urge reform of 'broken' rates system
http://x404.co.uk/forum/viewtopic.php?f=19&t=28148
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Author:  paulzolo [ Tue Aug 13, 2019 8:26 am ]
Post subject:  Asda and Boots urge reform of 'broken' rates system

Quote:
Bosses of more than 50 retailers including Asda and Boots have written to the chancellor urging him to change tax rules to boost the UK High Street.

The group said it wanted him to fix the "broken business rates system", which it called outdated.

https://www.bbc.co.uk/news/business-49316795

We’ve had a few shops shut because of increased rates and rent - the most recent being Starbucks that closed its high street branch last weekend.

Author:  l3v1ck [ Sat Aug 17, 2019 2:20 pm ]
Post subject:  Re: Asda and Boots urge reform of 'broken' rates system

I've got to agree. 'Rates' just isn't suited to the age of digital business.

Author:  davrosG5 [ Mon Aug 19, 2019 4:35 pm ]
Post subject:  Re: Asda and Boots urge reform of 'broken' rates system

There does need to be a re-balancing of the system so that the burden doesn't fall disproportionately on the high-street.
Also, the bizarre situation where Fibre cabling is charged business rates.

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