Business news and opinion from Evans Weir > Tag: business rates

There’s little doubt that business rates need reforming from top to bottom as was highlighted in the Government review completed in 2021. But as well as introducing reform to the calculus, the Government has committed to digitise the system from 2026/27. However, there is now a suggestion that it could tie up with the Government’s Making Tax Digital (MTD) strategy to form part of that broader, holistic view of tax liabilities and payments.

Second home owners that make their properties available for holiday rentals are being targeted under new rules outlined by the Levelling Up Secretary, Michael Gove. The change to the rules will specifically target those whose second homes are registered for business rates as they are let out for holiday rentals.

People working from home are being warned about the risk of invalidating their home insurance. With the stay-at-home order issued in March 2020, two subsequent national lockdowns and government guidance still recommending people work from home wherever possible, the number of people making adaptations to residential properties to create a long-term workspace is on the […]

The current rules around the treatment of second home ownership from a rates and relief perspective are set to be tightened if new proposals set forward by the Government take effect. Minimum Letting Requirement At present a second/holiday home can be registered for business rates if it is intended to be used as a holiday […]

Every time I turn on the TV or open up a newspaper, headlines are still dominated with two of 2016’s biggest controversies – Trump and Brexit. From Donald’s latest race rant to the next MP fighting against Brexit plans, it feels like we’ve not heard about much else in recent months. But don’t let these […]