UK Business Rates 'Single Biggest Threat to High Street Retail Firms'

Business rates are in urgent need of comprehensive reform to save UK high streets, according to a group of MPs. In a report on Britain's retail sector, parliament's business, innovation and skills (BIS) committee urged the government to work towards an annual review of business rates because of sluggish revaluation periods.  Current business rates â€" a tax levied on firms calculated from the ...