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Cycling club raising funds for youth bike maintenance workshops and 'go slow' inclusivity initiative

21 Nov 2024

A local cycling club is raising money and seeking donations and assistance in order to teach bike maintenance to young people through a series of workshops in 2025.
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Bira meets with Treasury members to discuss Budget concerns and business rate reform proposal

17 Nov 2024

Bira has held a meeting with members of the Treasury team to discuss concerns following its robust response to the Government’s recent Budget announcement.
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ACT teams up with Saledock to supercharge bike shop efficiency and customer experience

14 Nov 2024

The ACT has announced a dynamic partnership with Saledock - an all-in-one POS, eCommerce, and inventory management platform tailor-made for bike shops and workshops.
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'Devastating and out of touch' - independent retailers react to Budget bombshell

1 Nov 2024

Independent retailers across Britain have reacted with dismay to yesterday's Budget, with many warning of store closures, job losses and cancelled expansion plans.
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Devastating Budget Delivers Triple Blow to Independent Retailers, Says ACT and Bira

30 Oct 2024

The British Independent Retailers Association (Bira) and the ACT have condemned today's Budget as the most damaging for independent retailers in recent memory, with... Read more…

Retailers paying one-third of all UK business rates despite making up only 9% of economy

30 Oct 2024

Retailers and hospitality businesses are paying three times their economic share in business rates, according to analysis by the British Retail Consortium (BRC) and UK Hospitality.
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How much cash do you still accept? Independent cycling retailers can respond to this survey today

30 Oct 2024

ACT parent company Bira is working with UK Finance and other organisations who form the UK’s wholesale cash industry to gain vital information to ensure businesses get the best possible... Read more…

Bira Conference a huge success with ACT members in attendance

25 Oct 2024

ACT members were in attendance at the hugely successful Bira Conference in London last week, featuring an inspiring line-up of speakers providing valuable insights from independent retail... Read more…

Bira cautiously welcomes retail sales growth but calls for continued support

11 Oct 2024

ACT parent company Bira has responded to the BRC-KPMG Retail Sales Monitor for September 2024
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FSB launches blueprint to revitalise UK high streets and boost tourism

3 Oct 2024

The Federation of Small Businesses has launched a new initiative, which it says aims to transform high streets across the UK, by advancing economic, social, and cultural benefits, while also... Read more…

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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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