The out-dated and unhelpful business rates system in England was introduced in 1990. We believe it’s unfair as it’s unrelated to the ability to pay, or changing economic circumstances. Our research shows seven per cent of small firms pay more in business rates than in rent. They’re also consistently the third highest cost after staff and rent.
Action FSB have taken
- We’ve repeatedly called for the business rates system to be fundamentally reformed.
- We’ve gathered evidence from members about the implications of the complicated and regressive system.
- We’ve been instrumental in the introduction and improvement of small business rate relief schemes across the UK.
We believe UK small businesses should not be burdened by an expensive, inflexible and unfair tax. Our campaigning has seen the Chancellor announce a review of the current, outdated system. We want small firms to benefit from a fairer, more flexible system that doesn’t discourage growth and investment.