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Controlling business rates vital to economic success, says Commercial Property Advisors (CPA).

The Guardian reports confusion at the heart of government's attempts to plan, post-lockdown.

Some voices are calling for a relaxation of health restrictions, and a "bazooka boost" of key economic areas, such as electric cars, in line with Germany; while others prefer the French model, of continuing restrictions, coupled with radical reflationary measures.

Additionally, there are calls for a summer Budget, formally to reflate the economy.

Whatever the future holds for the UK, it is evident that government is cautiously waiting to see how much the economy benefits from the re-opening of non-essential shops.

Commercial Property Advisors (CPA) believes that this summer's retail footfall will in no way return to pre-Covid levels, and that businesses should look to themselves for a financial boost.

One area perhaps overlooked at present is the opportunity to challenge business rates. Savings, for successful appellants, will be backdated to 2017, and a new rates base will be put in place in time for the 2022 rates list.

CPA welcomes firms of all types to contact them, and take advantage of its free consultation, and no win no fee services.

In the midst of all the current confusion, CPA urges firms to take  stock of their overheads, and emerge from the crisis less encumbered by the burden of ever-rising rates, eating into their profits at this difficult time.

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