Laura Sharman 06 May 2020

Whitehall delays revaluation of business rates

The Government has confirmed the planned revaluation of business rates will no longer take place next year due to coronavirus.

It has postponed the revaluation until April 2022 to give businesses more certainty during the pandemic.

Communities secretary, Robert Jenrick, said: ‘We have listened to businesses and their concerns about the timing of the 2021 business rates revaluation and have acted to end that uncertainty by postponing the change.

’Now is the time for us to continue to focus on supporting businesses affected by the pandemic, including through our unprecedented package of almost £10 billion in business rates relief.’

ohn Webber, head of business rates at Colliers International, said: 'This is a sensible decision and something we have been calling for some time. The potential detrimental impact upon businesses to have a Revaluation during the Covid-19 period, giving uncertainty to their liability, along with the question of the state of the market on 1st April 2021, felt far too risky.

'We are submitting appeals for the material change caused by Coronavirus which will take up a lot of VOA resource and it seems sensible for the Revaluation to be postponed whilst these are handled.'

SIGN UP
For your free daily news bulletin
Highways jobs

Assistant Highways Officer

Lincolnshire County Council
£21,269 - £23,953
Lincolnshire County Council is looking to recruit an Assistant Highways Officer Lincoln, Lincolnshire
Recuriter: Lincolnshire County Council

Highways Officer

Lincolnshire County Council
£26,466 - £29,174
Lincolnshire County Council is looking to appoint a Highways Lincolnshire
Recuriter: Lincolnshire County Council

Social Worker - Children in Care

Essex County Council
£32787 - £44826 per annum + + Free On-Site Parking & Benefits Package
Closing Date
Recuriter: Essex County Council

Newly Qualified Social Workers - Children in Care

Essex County Council
£32787 - £44826 per annum + + Free On-Site Parking & Benefits Package
These positions are open to Newly Qualified Social Workers (NQSW's) and Experienced Social Workers. The starting salary for a NQSW is £29,236 per a England, Essex, Basildon
Recuriter: Essex County Council

Assistant Project Manager

Essex County Council
£31200 - £36763 per annum
Assistant Project ManagerFixed Term, 12 monthsFull Time, 37 hours per weekUp to £36,763 per annumLocation
Recuriter: Essex County Council

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.