UK’s business rates system ‘broken’ says Treasury committee

MPs tell government to urgently review tax it claims is high and unfair on physical stores

The business rates system is broken and the government must undertake an urgent review to find alternatives, an influential committee of MPs has said.

The Treasury committee said business rates in England and Wales were high, complex and placed an unfair burden on bricks-and-mortar shops and manufacturers compared with businesses that operate online.

Continue reading…MPs tell government to urgently review tax it claims is high and unfair on physical stores The business rates system is broken and the government must undertake an urgent review to find alternatives, an influential committee of MPs has said.The Treasury committee said business rates in England and Wales were high, complex and placed an unfair burden on bricks-and-mortar shops and manufacturers compared with businesses that operate online. Continue reading…

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