Business rates cap will not go far enough for UK retailers, says Eversheds
In response to the UK chancellor’s announcement that the rise in business rates will be limited to two per cent, Philip Myers, real-estate dispute resolution expert at Eversheds, has said that retailers are unlikely to agree that this goes far enough.
Myers also said that retailers will remain hopeful that the government will bring forward its review of rateable values, which is currently set for 2017.
He added: ‘We are experiencing an exponential growth in business rates challenges. Unless a root-and-branch review of the entire system is undertaken in the short term, we foresee yet more litigation in this fast-evolving area and the continued proliferation of avoidance schemes.’
News from Eversheds
News from The Lawyer
Briefings from Eversheds
The notion of ‘gross negligence’ is an important matter for customers and institutions alike and has been reviewed by the High Court and Supreme Court in deciding a recent case.
This report includes an analysis of the results of Eversheds survey on the Employment Tribunal process, which is based on 180 responses.
Analysis from The Lawyer
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe
Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?