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Small firms renew business rates battle

The Federation of Small Businesses has renewed its call for reform of business rates.

The FSB used a letter to the chancellor to explore options such as widening the retail discount for high street stores to help them survive the current slump in trade and competition from the internet.

It also called for Small Business Rates Relief to be increased from £12,000 to at least £30,000.

The FSB said: “Business rates reform must be a priority. This unfair, regressive tax – which hits firms before they’ve made their first pound in turnover.”

The local government financial crisis has not been caused by a lack of funding: that’s just a symptom of the inherent conflict of having independent local authorities within a highly centralised state, argues Conrad Hall.

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