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Insights

The latest news and events at Maples Teesdale

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Can we save the high street by shifting the business rates burden?

The Treasury Committee is currently consulting on possible reforms to business rates. The Ministry of Housing, Communities and Local Government said we should consider taxing online deliveries and packaging while reducing business rates for retailers. Interesting article by John Webber of Colliers International highlighting the ways in which the government can level the playing field for online and bricks and mortar retailers.

How can we level the business rates playing field so that it’s fair for both online and bricks and mortar retailers? To save the high street, there are ways to shift the rates burden and still hit government targets Online or bricks and mortar? The debate surrounding the unfairness between online retailers and those with large bricks and mortar estates rages on.

Tags

retail, bricks and mortar retail, high street, business rates, online retail, jona spahiu, commercial property