Government announces a review of the Business Rates Scheme

News, Property Tax,

The Government has published a call for evidence on the overhaul of the business rates system that applies in England.

The Government announced at the 2020 Budget in March that it would conduct a review of the business rates system in England.

It’s looking for input from businesses, business representative organisations, local authorities, rating agents, others involved in the operation of the system and anyone interested in the business rates or wider tax system.

The call for evidence seeks views on how the business rates system currently works, issues to be addressed, ideas for change and a number of alternative taxes.

The Government stated that it welcomes views on the multiplier and reliefs sections of the call for evidence by 18th September 2020, to inform an interim report in the autumn. A second phase will cover all other areas of the scheme, and will be open until 31st October.

The outcome of the review is expected in Spring 2021.

You can find more details on the Review, including how to give your input here.