With many businesses, including high street chain The Works, bracing themselves for a cost-of-living Christmas in the UK, you’ll have noticed the worsening epidemic playing out on Britain’s high streets. Well-known and well-loved brands – once thought untouchable, even in the age of internet shopping – are increasingly finding themselves closing down stores, laying off employees and succumbing to shifting consumer habits.
It will come as no surprise to anyone that our high streets are dying. They have been on a steady decline for years, however the recent pandemic has added fuel to the fire. With consumers opting to do all their shopping online and with an average of 48 businesses closing each day, everyone thought that Stockton-on-Tees council made a huge error when buying up the huge shopping centre lining their town centre…
Recently, we have seen a rise of business owners losing out in court due to signing up to Rates Mitigation schemes where they are not properly protected.
Over the years, a wide range of schemes have popped up, offering landlords different techniques to mitigate their Business Rates.
In this blog, our specialist team highlights what schemes to be wary of when considering reducing or mitigating your rates.
Commercial landlords have been crying out for changes to the archaic Business Rates system that UK businesses are currently burdened with. The government has answered these calls, but are the proposed changes offering a solution or further encumbrance? Many business owners have been struggling under the current Business Rates system for many years, which has …