Category Archives: Rating Tips

On trade beer sales drop underlines need for business rates reform

  On trade beer sales drop underlines need for business rates reform Commenting on the publication of beer sales figures today, ALMR CEO Kate Nicholls said: “The beer sales upturn reflects Government having listened to the united industry that lobbied on beer duty. However, the continued downturn of beer sale in pubs only emphasises the… Read More »

Radical taxation overhaul needed to bring business tax into 21st Century

Radical taxation overhaul needed to bring business tax into 21st Century The ALMR has warned that without Government action to overhaul business taxation, the hospitality sector will overpay business rates by £10billion by 2025. In its submission to the Government’s consultation on corporate tax and the digital economy the ALMR has called for a radical… Read More »

ALMR: Scottish business rates proposals are a welcome trigger for wider reform

ALMR: Scottish business rates proposals are a welcome trigger for wider reform Following the Scottish Finance Minister’s proposed Draft Budget announcement in Holyrood this afternoon, the ALMR has welcomed positive business rates measures. With hospitality businesses hardest hit across the UK, ALMR’s CEO, Kate Nicholls welcomed the inclusion of almost all the Barclay Review recommendations… Read More »

Proposed rates appeals changes unfair and unworkable, say ALMR

 Proposed rates appeals changes unfair and unworkable, say ALMR Proposed changes to business rates revaluation are unfair, unworkable and will potentially cost businesses thousands of pounds, says the ALMR. The ALMR has written to the Department for Business Innovation and Skills opposing new guidelines which would see appeals against ratings falling “within the bounds of… Read More »

Government Revue of Business Rates, Latest News? (Barrel-Dregs 276)

The Chancellors review of Business Rates for small businesses. Fat Chance! The initial flurry of excitement that the Chancellor was going to introduce some common sense into rates, has steadily fallen apart since his announcement, the informed sages in the industry were sceptical, putting it mildly, that the Inland Revenue Valuation Office could or would affect… Read More »

VOA clarifies rates for licensed trade, HM Revenue & Customs

Information about how pubs, bars and other licensed premises are valued for non-domestic rates has been published by the Valuation Office Agency (VOA). According to the VOA, this involves collecting details of rent, trading levels, and the premises’ location, type and services, and using this information to establish a ‘fair maintainable trade’ (FMT) value. FMT… Read More »

Business Rates and the Inland Revenue

Business Rates and the Inland Revenue Having crossed swords with the Inland Revenue Rating Valuation Officers face to face on a number of occasions, regarding my various pubs Rating Valuations with some degree of success. In the early days with very little knowledge of rating and a good knowledge of pub viability, whereas the Valuer had… Read More »

Latest view on Business, Property, Rates and Rents that may affect your Business

Latest view on Business, Property, Rates and Rents that may affect your Business How easy it is to be lulled into a false sense of optimism with the onset of what looked like a glorious spring at the beginning of May.   A number of our clients in coastal/seaside locations have been ruing the foul weather… Read More »

Business rates set to increase for the licensed hospitality sector.

Business rates set to increase for the licensed hospitality sector. ALMR Press Release – Immediate Licensed hospitality may be hit with an increase in business rates which leading trade body the ALMR estimates could cost the sector up to £58 million, following the Office for National Statistics’ announcement earlier this week of RPI of 3.2% for… Read More »

An Interesting Debate over Rates, essential reading. (42)

BII Rating Road Show, Yate 8th April   The BII had a Rating Road Show, unfortunately it had a limited attendance for such an important issue. The show was hosted by Michael Yass, Fleuret’s leading Rating Valuer with a learned colleague from the Inland Revenue Valuation Office. Michael Yass opened with a brief introduction to… Read More »