Appeals system could cost SMEs £700m

A proposed new business rates appeal system has been slammed by business groups representing SMEs, retailers and pubs. They say a provision in the appeal regime, known as Check, Challenge, Appeal, could cost businesses £700m in overpayments over a five-year ratings cycle. The “reasonable professional judgment” provision would mean ratepayers will not be able to argue against a rates bill if its margin of error was inside 15%.

The Sunday Telegraph, Business, Page: 2   The Mail on Sunday, Page: 95-96   Sunday Express, Page: 56

Posted 20/11/2016