Private business forum calls for firm protection
The Government should help to protect businesses from the effects of the economic downturn, not add to their rates costs, the Forum of Private Business (FPB) is arguing.
The Government should help to protect businesses from the effects of the economic downturn, not add to their rates costs, the Forum of Private Business (FPB) is arguing. The FPB is concerned that scrapping Empty Property Rate Relief has already left many small firms out of pocket. In addition, the burden of funding Business Improvement Districts (BIDs) mean some of the FPB's members are paying more money for little in return.
In April 2008, changes to Empty Property Rate Relief forced businesses to pay rates on empty buildings. More than 30 MPs have signed an Early Day Motion (EDM) against the tax.
Some bigger property companies, such as Segro and Salmon Developments, have even demolished empty buildings in order to sidestep the additional charges. But for most small firms, that is impossible.
Email to a friend
Print this page - Popular
- Most comments
- Most shared
Looking for...
Featured advertisers
Local pages
Looking for a...
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Peterborough
Saturday 20 March 2010
Today
Light showers
Temperature: 3 C - 13 C
Wind Speed: 19 Knots
Wind direction: South west
Tomorrow
Sunny
Temperature: 3 C - 13 C
Wind Speed: 10 Knots
Wind direction: South west
Your view
Please sign in to be able to comment on this story.