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  • Writer's picturedavid Tanswell

The human cost of high business rates

In an excellent article Thisismoney describes, in human terms, what life is really like for Britain's struggling retailers, without whom our high streets would look drab and uniform. Already suffering from high business rates, the high street faces  the prospect of yet another hike in the new financial year. Furthermore, the partial relief promised by the Chancellor in his autumn statement is only half-disbursed.

At a macro level, 25% of business rates derive from retail, although gross value-added from retail is only 10%.

At the micro (street) level, independent retailers face the worry of rates rising faster than turnover.

Commercial Property Advisors (CPA) welcomes the opportunity to challenge rating valuations and will undertake all the complex paperwork, including surveys, on a no win no fee basis.

CPA's experienced, friendly team depends for its success on winning considerable cash savings for its clients, and looks forward to hearing from businesses anxious to explore ways of reducing their overheads.

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