Geoffrey Clifton-Brown calls for re-examination of the business rates system

28th February 2017

Geoffrey Clifton-Brown calls for re-examination of the business rates valuation system.

In Stow-on-the-Wold in my constituency, the actual business rates payable by Tesco, which is five minutes’ walk from the centre, is £220 per square metre, whereas a delicatessen in the centre of the town will pay £500 per square metre. Does not my right hon. Friend think that the system of rating valuation needs to be re-examined?

 

The rating system is what it is; it reflects the rental value of properties. I readily acknowledge that in an economy that is changing shape rapidly, where the digital economy plays a much larger role and where some of the biggest businesses are not based on bricks and mortar, there are some very significant challenges for us, which we need to look at. In the short and medium term, business rates play a vital role in providing revenue to the Exchequer—and from 2020, of course, they will be used wholly to support local authorities.

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Public Meeting

GEOFFREY CLIFTON-BROWN

Member of Parliament for The Cotswolds

in conjunction with Stow-on-the-Wold Town Council

WILL CONVENE A PUBLIC MEETING OPEN TO ALL RESIDENTS OF STOW ON THE WOLD AND SURROUNDING VILLAGES TO DISCUSS PROGRESS OF THE PROVISION OF A NEW DOCTORS SURGERY PREMISES

FRIDAY 30 JUNE 2017

6.00 to 7.00 PM

at St Edward’s Church,

Stow-on-the-Wold

Surgery Dates

Call 020 7219 5043 or email cliftonbrowng@parliament.uk to discuss the matter you wish to raise and the possibility of a surgery appointment. Appointments are 10 minutes long. A concise synopsis submitted in writing beforehand will ensure a productive use of time.

Next surgery:

Saturday 8 July from 10-12 noon
Cirencester.

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