Blog

Rates Deferral

03 June 2009

 

Comment from Tim Bonham...

 

The Government's latest initiative to give businesses the opportunity to defer the recent 5% business rate increase has met with a lukewarm response and we expect it will have little impact.  Reducing taxation on empty space would have been a much better strategy, many property owners and developers are still facing the decision of knocking down empty buildings to avoid these crippling costs.   

 

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