COVID-19: 'Catastrophic blow' as pandemic business rate discounts denied

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 67%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Thousands of firms are to be refused business rates discounts claimed due to the COVID19 pandemic in what has been described as a 'catastrophic blow'

Suez Canal: Efforts resume to free Ever Given container ship amid fears UK-bound deliveries may be delayed

Real estate adviser Altus cited one estimate suggesting rates appeals could have cost the government up to £5bn.Tax burden to reach highest level since 1960sOur priority throughout this crisis has been to protect jobs and livelihoods.By providing more targeted support than the business rates appeals system, our approach will help protect and support jobs in businesses across the country.

He said firms had"spent the last year lawfully pursuing business rate adjustments only to have their statutory legal right ripped from them to allow the government to roll out a wholly inadequate scheme which won't deliver enough business rates support". But she added:"Other firms whose revenues have been hard hit by the crisis will certainly be highly frustrated that their appeals for discounts will be null and void now."

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Bye bye more businesses

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 35. in İT

Italia Ultime Notizie, Italia Notizie