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2 Sep 2021

String Theory Garage talked to Maybe* about how they focus on engaging with every single like, comment, share, story watcher AND ensure that their customer journey shines through to generate...

1 Sep 2021

In celebration of Local Bike Shop Day, TfL have shared blog posts with the aim of showing new cyclists all that London has to offer.

1 Sep 2021

The Togetherfor our Planet campaign encourages small businesses to pledge to cut their emissions to net zero by 2050 or sooner, while helping them grow, adapt and seize new opportunities

31 Aug 2021

Part 5 of the Summer Series uses a graphic to showcase some of the developments in the Cytech pipeline

27 Aug 2021

Local bike shops are celebrating the day across the nation by offering their customers special offers and discounts to drive footfall into store.

24 Aug 2021

Todaythe government has announced plans to introduce legislation which will enable CE marked goods to continue being placed on the Great British market until 1 January 2023 - an extension to...

24 Aug 2021

As your trade association we're here to update you on the latest industry initiatives and key services available to help propel your business forward. Part 4 of the ACT Summer Series looks at...

23 Aug 2021

To celebrate Local Bike Shop Day, taking place on Saturday 28th August, our friends at Rozone are offering a £1,400 cleaning bundle to giveaway to one lucky Cyclescheme independent retailer.

23 Aug 2021

ACT members can receive excellent benefits with NearSt, a powerful platform that encouragers more shoppers through the doors of specialist cycle shops.

19 Aug 2021

To celebrate Local Bike Shop Day, taking place on Saturday 28th August, Freewheel are offering customers 15% off from now until 30th August.

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Business Rates consultation launched

Posted on in Business News , Cycles News , Political News

HHouses of Parliament, budget 2020M Treasury has launched a consultation on delivering more frequent business rate revaluations in England. The consultation proposes a framework for moving towards three-yearly revaluations from five-yearly and simplifying the appeals system.

The consultation proposes two new requirements on retailers:

  • A Duty to Notify the Valuation Office Agency (VOA) about property changes that affect business rates liabilities - for example, structural alterations, extensions or conversions. This would be done as changes are completed and via an Annual Confirmation Return.
  • The mandatory provision of rental and lease information - for example rent amounts and what it includes, agreed incentives, responsibilities and rent reviews. To be provided after events where these might change (e.g. signing a new lease).

The consultation also suggests the following changes to the appeals system:

  • Streamlining appeals by removing the ‘Check' stage from the Check, Challenge, Appeal (CCA) process - the function of Check would effectively be replaced by the new Duty to Notify.
  • Introducing a three-month deadline to submit Challenges and a new fee - to ensure most appeals can be dealt with during the lifetime of a three-year list.
  • Reviewing provisions around Material Change of Circumstances (MCCs) appeals - when MCC should apply.

This consultation has been announced while government work on the fundamental review of business rates is ongoing. The outcome of this consultation, and the wider business rates review, is expected in the Autumn.

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