Revaluation postponement will hit retailers, say agents
19th October 2012
Guzelian Photography – www.guzelian.co.uk
PROPERTY agents have lambasted the government's decision to postpone the next business rates revaluation until 2017, saying it will add more pain to struggling retailers and widen the North-South divide.A revaluation was due in 2015, linking rates to rents in 2013, but the postponement means companies will have to pay business rates based on rents in 2008 – at the height of the market – until 2017.The Department for Communities and Local Government said the measure will ensure firms don’t face unexpected hikes in ......for the full story register now for free or login below...



