play_arrow

keyboard_arrow_right

skip_previous play_arrow skip_next
00:00 00:00
playlist_play chevron_left
chevron_left
  • cover play_arrow

    KL1 Radio Local Radio for West Norfolk

  • cover play_arrow

    EPISODE 35 OF THE FARMING SOCIAL HUB PODCAST

News

Outdated business rates system needs to be reviewed FSB

todayAugust 30, 2021 1

Background
share close

Outdated business rates system needs to be reviewed – FSB.

Firms should not be penalised with higher business rates for introducing facilities such as bike sheds for workers, ministers are being told.

Firms should not be penalised with higher business rates for introducing facilities such as bike sheds for workers, ministers are being told.

The Federation of Small Businesses (FSB) is calling for a review of business rates to go ahead in the autumn, describing the tax as “regressive and outdated”.

In a letter to ministers, FSB chairman Mike Cherry said investments aimed at improving sustainability and working conditions for employees should not be “penalised”.

Solar panels, insulation, ventilation, recycling facilities and bike sheds typically cause a property’s value – and by extension its rates bill – to increase, said the FSB.

The business group also called for childcare providers to be exempt from business rates to bring support across England in line with that provided in Wales and Scotland.

Mike Cherry said: “The Government is absolutely right to overhaul a business rates system which often lets online retailers operating from remote warehouses off the hook whilst punishing small businesses that serve as community hubs.

“This is a levy that hurts small firms trying to do the right thing. If you put solar panels on the roof to aid your transition to net zero, or install ventilation to support the wellbeing of your staff, the Valuation Office Agency will advise your local authority that you should be paying more in business rates.

“As we look to aid the small business community’s transition to net zero, and employee safety and wellbeing as we come out from the pandemic, this simply cannot be the right approach to taxation.

“Instead, we should be aiming to take more small firms out of the system altogether, not least our childcare providers, who have done so much to support families throughout an incredibly tough 18 months and are finding that making ends meet is an increasingly precarious business.”

Published: by Radio NewsHub

Written by: admin

Rate it

Previous post

News

Jonnie Peacock says thrilling 100m final is a great advert for Paralaympic sport

Sprint star Jonnie Peacock declared his exhilarating 100m final a perfect advert for Paralympic sport as he claimed “Long John Silver” was the only one-legged role model during his childhood. print star Jonnie Peacock declared his exhilarating 100m final a perfect advert for Paralympic sport as he claimed “Long John Silver” was the only one-legged role model during his childhood. The British amputee’s quest for a glorious hat-trick of Paralympic […]

todayAugust 30, 2021


Similar posts

News

Jeremy Clarkson wins prize at British Farming Awards

He praised Kaleb Cooper and other staff on his farm after being presented with the prize at the event in Birmingham Jeremy Clarkson has been presented with a prize at the British Farming Awards. The television presenter stars in Clarkson’s Farm, which sees him grow crops and look after livestock […]

todayOctober 22, 2021 2


0%