Forecourt Trader - 30 years at the heart of the fuel retailing community

Victory for RMIP campaign as VOA reveals business rate reductions

25 November, 2010

A 12-month battle over 2010 Business Rates, during which more than 2,000 fuel retailers lodged appeals, has resulted in some notable triumphs for the lobbying team – led by RMI Petrol – and most importantly for the industry.

Almost a year to the day since Brian Madderson was made chairman of RMI Petrol, he has been able to announce some “very good reductions to Rateable Values, which will be of real financial benefit to the industry”.

The savings have been calculated at around 10% - 25% per site for a large proportion of the UK network.

The announcement came following a meeting last month at the Valuation Office Agency HQ in London, where changes to the 2010 Petrol Filling Station (PFS) valuation scheme were revealed.

The meeting followed a long campaign to address the inequitable nature of the Business Rates scheme for the fuel retailing industry, which threatened to put at least 5% of forecourts out of business by 2015.

 

 





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Weekly retail fuel prices: 30 March 2020
RegionDieselLPGSuper ULUL
East118.96132.05114.52
East Midlands119.01131.46114.46
London119.6659.90134.71116.14
North East116.33131.57110.86
North West117.71131.66113.21
Northern Ireland113.94120.90108.13
Scotland117.18131.78111.83
South East120.0368.90132.46116.19
South West118.30130.34113.27
Wales116.8157.90127.95111.17
West Midlands118.8857.90135.85114.78
Yorkshire & Humber117.69131.84113.09

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