Link small business rates to profitability instead of property value.
National
·677 contributorsThe 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.
Peter Kyle
Business Secretary
Business rates based on rental value
Rateable values exceed small business income
Early liability before financial stability
Link rates to profitability
Similar motions
Link small business rates to profitability instead of property value.
National
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.
Business rates based on rental value
Rateable values exceed small business income
Early liability before financial stability
Link rates to profitability