Link small business rates to profitability instead of property value.
The Government should reform business rates, so small and micro businesses are assessed based on actual profitability rather than property rental values. We believe this would create a fairer system that reflects modern trading conditions and supports financially vulnerable high-street businesses.
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Similar motion
Introduce business rate relief to small businesses that are not making a profit
The Government should rethink how business rates apply to small businesses. Even when businesses may be struggling or operating at a loss, they’re expected to pay the same rates. This can put pressure on them when they can least afford it; increasing the risk of closures on our high streets.
Link small business rates to profitability instead of property value.
The Government should reform business rates, so small and micro businesses are assessed based on actual profitability rather than property rental values. We believe this would create a fairer system that reflects modern trading conditions and supports financially vulnerable high-street businesses.
React
Where do you stand on this motion?
See what others are saying
Members can read every reason.
Similar motion
Introduce business rate relief to small businesses that are not making a profit
The Government should rethink how business rates apply to small businesses. Even when businesses may be struggling or operating at a loss, they’re expected to pay the same rates. This can put pressure on them when they can least afford it; increasing the risk of closures on our high streets.