The Government's plan to stop businesses appealing against incorrect business rates calculations could cost small businesses more than £700m, hospitality, retail and SME lobby groups have warned.
Ahead of the next revaluation of business rates in April next year Richard Wackett, a partner at Montagu Evans, addresses hospitality operator's potential concerns.
Many independent hotel owners could be in line for rebates on their business rates bills worth tens of thousands of pounds due to the impact of the recession, according to business rates specialist CVS.
With plans for a significant increase in business rates as of April 2012, business rates specialists CVS is seeing an increasing demand for its services.
Delays in processing business rate appeals are costing hotels in England over £13m per year, according to new research from business rate specialists CVS.
Chris Barker, Senior Rating Consultant at business rates specialists CVS, explains what hospitality businesses can do to reduce the amount they pay in business rates.
