Owning commercial property in the UK comes with several tax implications, which include both taxes that are due at the time of acquisition and ongoing tax liabilities. Here is an overview of the main taxes involved. Please note that this guide has ... Read more
In February, we took a look into 2017’s new business rates, a controversial new reform which attracted the ire of most independent business owners and now, half a year later, is yet to leave the collective conscience. The reason, unfortunately, is ... Read more
Few British institutions have endured, nor been as widely celebrated, as the Friday night pub visit (and its optional cousin – the kebab shop stumble). Yet the industry itself currently finds itself battling with the government over the new business ... Read more
Theresa May’s unpredictable announcement of a General Election came as a shock to many, but with it, both major parties have at least had an opportunity to reiterate their plans for the UK; not least, their plans for the small business ... Read more
The impending business rate revaluations might not have been a shock to many, but the recent hike – estimated to raise £29 billion in total – has been hit with disdain amongst smaller businesses and, in some instances, claims of illegality. Amongst ... Read more
Of all the forms of commercial property, retail is enduring the toughest time in overcoming the ghost of the economic crisis. Office and industrial are ploughing ahead, but take-up of retail space is still struggling and retailers are finding it ... Read more
The British Retail Consortium has called on the government to make reforming business rates a top priority. It is believed that businesses could be faced with a 60% rate of tax by 2022 unless major alterations are made to the current business ... Read more
One of the most burdensome issues for businesses today is the level of business rates charged on all commercial premises. There was once a time when such business rates were limited to occupied premises, but this is no longer the case. With ... Read more
