Forecourt Trader - 30 years at the heart of the fuel retailing community
Keyword » rates
ACS chief executive James Lowman
ACS chief executive James Lowman
  (Photo:  )

ACS joins calls for publication of report on business rates

The Association of Convenience Stores (ACS) has signed a letter alongside a group of business organisations calling for MPs sitting on the Treasury Select Committee to publish the final report of their business rates inquiry before the Autumn Budget.

James Lowman: chief executive, ACS

Since the publication of the revised business rate valuations late last year, a range of business groups including ACS have been campaigning to ensure that those hardest hit by the revaluation will be given appropriate relief, and that beyond the revaluation, the rating system will be reviewed so that everyone pays their fair share. This inequity in the rating system was highlighted when it was revealed that while petrol forecourts are seeing their bills rise, some of the biggest internet distribution warehouses are set to see a fall in their rateable values.

Merril Boulton: editor

The frustration is palpable as the realisation of the impact of changes to business rates being implemented in April is realised in companies big and small across the nation. Media headlines have yelled at every opportunity about the smaller retailers that appear to be being taxed out of business.

James Lowman: ACS chief executive

As we build up to the new financial year starting in April when businesses in England and Wales will start paying rates based on the latest revaluation, there's been a lot in the papers about business rates. While a lot of the media coverage talks about the pounds and pence increases, the underlying issue remains that two years ago, the government committed to undertaking a fundamental review of business rates and we're yet to see a clear conclusion to it.

Money Talk: Budget 2015 (the March one)

It was always likely to be a strange Budget coming as it did just seven weeks before the General Election which looks highly likely to end without any clear winning majority. The Chancellor had to stand up and deliver a Budget that somehow appealed to his existing voters but didn't scare off those who might be thinking of joining them on May 7; and do so in the knowledge that he might not be in a position to put his announced measures into practice after that date.

My Account

You are not logged in.
  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 9 December 2019
RegionDieselLPGSuper ULUL
East130.4761.40138.28126.22
East Midlands130.01140.66126.05
London130.41139.39126.85
North East128.45138.66124.29
North West129.1663.90138.34125.49
Northern Ireland127.22130.90123.29
Scotland129.84136.07125.15
South East131.04138.34126.93
South West129.9167.57137.18125.74
Wales129.00135.78124.71
West Midlands129.94138.53126.11
Yorkshire & Humber129.21138.68125.42

Most read

Following a deal agreed with Harvest Energy, do you think it will be good to see the Total brand returning to UK forecourts?

Digital Edition