The Forum of Private Business (FPB) has complained that the current business rates relief (SBRR) scheme is ‘grossly unfair’. The organisation believes that the level for claiming relief is set too low and the assessment criteria is not fair to some types of business.
The FPB also believes that the Governnment is not making it easy for small firms to claim their entitlement by leaving them to find out about it rather than running campaigns to raise awareness.
Recent Local Government Association research shows that less than half of the 870,000 small businesses eligible to collect a rebates have actually done so. This means they are missing out on up to £2,500 a year.
The FPB also believes that the current system for assessing eligibility is unfair. Businesses whose rateable value is less than £5000 can claim a 50% rebate with relief declining on a sliding scale until it reaches zero at £10,000. The FPB claims that this discriminates against small businesses with low turnovers who require large premises because of the nature of the merchandise they are selling.
The FPB raised these issue in response to the Government's consultation on reducing the administration involved in SBRR (Small Business Rates Relief).
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