Why business rates are not fit for purpose

Michael Rawlinson, CEO of the National Association of Jewellers, looks at this month’s business rate revaluation and explains why it’s a system that’s not fit for purpose in the 21st Century

Has anyone in the government worked out that we are living in the 21st Century? Yes – Why is it then that they continue to base the assessment of “business” rates on a framework and structure that is no longer relevant, appropriate and more importantly equitable in today’s modern Britain?

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