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"Excessive business rates are currently an unacceptable burden on companies and as a result are pushing firms from the high street at a time when we should be encouraging greater occupancy," it warned, urging the government to bring forward a review of property valuations and repeating calls for rate rises to be capped at 2pc per year. The last valuation of commercial properties was at the height of the boom, and fails to account for falling values on the high street.
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Author: Basil
Date: 5/31/2019 |
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