Altus Group Annual Business Rates Review 2020
UK businesses have already endured a difficult few years prior to Covid-19.
January seems a long time ago. In those first days of the New Year we discussed the challenges and opportunities that we would be navigating in 2020. Then in March, of course, everything changed.
Government put the country into lockdown. Businesses closed and millions of workers began to work from home. Almost overnight, the way the UK uses commercial property changed.
The Altus Group Annual Business Rates Review provides a retrospective view of the last year, but also looks forward to a time when fairness in the business rates system is more important than ever.
Meaningful reform is achievable and within our grasp.
The Altus Group Annual Business Rates Review sets out several key fundamental reforms.
From ending annual inflationary rises to the tax rate and removing gradual phasing-in of large tax reductions to incentivising, rather than penalising, investments which benefit the wider environment and climate change goals.
Small, fully costed changes, which would bring maximum benefit to the ratepayer in the longer term, with fairness at their core.
Free Download – The Annual Business Rates Review 2020
Expert analysis and insight on the ever changing landscape of Business Rates in England & Wales.
Altus Group works on behalf of over 40,000 clients, representing £5.4 billion Rateable Value under instruction.
As Britain’s largest business rates adviser, Altus Group remains at the forefront of the business rates debate to bring about meaningful change.
Featured in print and broadcast media over 2,500 times during 2019, and representing over 40,000 rate payers, Altus Group is the go-to expert for business rates analysis, forecasts and commentary, across all sectors of the economy.
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