The government has proposed a three-year valuation period for business rates, alongside changes to the appeals process, in a bid to make the system more effective.
This week, PF revealed that the Valuation Office Agency has halted talks over business rates rebates for offices – but the government could still face a bill of £500m to compensate councils for lost...
The Valuation Office Agency has paused talks over hundreds of millions pounds worth of potential Covid-19-related business rates rebates for offices, PF has learnt.
Businesses should be able to self assess the value of their properties as part of further reforms to the business rate system, according to the Local Government Association.