Support our campaign to cut business rates for retail- One of the largest costs paid by Shopkeepers’ which has led to the closure of many of our favourite shops
Seems like the only part of #Budget2024 that hasn't been leaked relates to #businessrates. Given that its replacement was adopted >3 years ago as Labour policy @RachelReevesMP ought to be able to launch her 'oven ready' scheme. I fear we're set for yet another consultation😠.
The @LibDems commitment to replace #businessrates with this land tax is all but undeliverable. The UK has no register of land ownership, values could not be established fairly given the absence of reliable evidence and tax collection from overseas owners would be challenging.
Reforming the broken business rates system is the best way to revitalise our high streets and help our struggling retailers. @UKLabour have committed to addressing this but must recognise that businesses need more detail about their plans.
https://t.co/66t9Aec42y
Listening to Mansfield business with @ShopkeepersC and talking about @UKLabour plan for high streets:
✅ 13,000 more neighbourhood police & PCSOs
✅ Guaranteed face-to-face banking in every community
✅ Replace business rates
✅ Revamp empty shops, pubs, and community spaces
@steveyemm hosted the Campaign in Mansfield where we heard from retailers about their problems navigating the unfair business rates system. Business rates must be reformed if we want to breathe life back into our high streets.
"I have been encouraged by Labour’s recognition of the need for change. Diagnosing the problems is the easy part; now is the time to offer some credible solutions."
Shopkeepers' Campaign chair Vivienne King on Labour's take on business rates:
#Sponsored:
https://t.co/wBVIB79BP6
@jamesmurray_ldn@ShopkeepersC chair Vivienne King says there were "small crumbs" in the autumn statement but that it did not fix the problems facing the sector.
She argues a "lower, fairer, broader, easier to understand" business rates system has "got to be what we aim for"
Extremely disappointed with the Chancellor's decision to raise business rates. The Conservatives, who promised to reduce them for retail in 2019, have broken their promise.
Time run out for Gov to deliver its 2019 manifesto promise to ‘cut the burden of tax by reducing business rates’. 2019 gross #businessrates payable per OBR was £30.9bn. Their forecast today for 2024/25 is £32.7bn. Businesses will take some convincing that this represents a ‘cut’.
"The Chancellor needs to match Labour’s pledge to replace business rates with a clear vision for long term reform."
Read @VivienneIreneK's thoughts on what the Chancellor must announce in his Autumn Statement to help the high street: https://t.co/BDVDCAPfj9
https://t.co/YLRBpoLfDs There would be uproar if income tax was levied once one was made redundant, or if corporation tax was payable if loss making, but that is exactly what happens when the government charges full #businessrates on empty properties. @fish_bella
Wilko joins an ever-increasing list of household brands that have closed since the pandemic. Bold action is needed by the Government to revitalise our high streets.
https://t.co/AoWa2yt8wh
📢🛍️💷: Join us 12 noon Monday 9 October at Labour Party Conference for fringe debate 'Throw a lifeline business rates reform & high street renewal' - with @beerandpub & @ShopkeepersC 👉https://t.co/DB75SzqMzs 🗣️panel @SharonStevenage@EmmaMcClarkin@VivienneIreneK @ellandi_mark
"The Autumn Statement must include bold action on business rates" - see @VivienneIreneK's letter in the Financial Times about what the Chancellor must do to help our high streets:
https://t.co/ZHrIVvt9Xg
@GarySambrook89 kindly hosted us in Birmingham Northfield where we heard first hand the issues that small businesses face because of business rates. The tax is unsustainably high and must be lowered. The Government must do all they can to help small businesses.
Labour will review the current business tax regime so we can give businesses certainty and boost investment.
This is part of our mission to secure the highest sustained growth in the G7.
https://t.co/Vmv9nCOiEy
Our local pubs in Shields are at the heart of our community.
I fully support @beerandpub calls for:
✅Lower beer duty
✅Fairer business rates
✅Lower VAT for food & drink
🍻🍷#LongLiveTheLocal
Last night I put forward an amendment to the Levelling Up Bill which called for a fundamental review into the business rates system so we can support our struggling high streets.
Sadly this was voted down by 281 Conservative MPs, despite it being in their 2019 election manifesto