Government to Review 'Frequency of Revaluations' in UK Business Rates Regime

Business rates may be re-valued more frequently after the government gave a review into the controversial tax system the scope to look at how often commercial properties are valued. Chancellor George Osborne gave the go ahead in his 2013 Autumn Statement to a review of the administration of business rates in the UK, which the government says raises £23bn annually for local authorities to spend ...