Our article on the capping of business rate increases appears on the Herefordshire & Worcestershire Chamber of Commerce website. Please contact Curo’s head of tax, Julia Whelan to discuss these changes further. Curo Chartered Accountants December 2013 .
In addition to the already announced capping at 2% of business rates, Chancellor Osborne introduced a discount of up to £1,000 for retail and food and drink premises with a rateable value of less than £50,000 starting 1 April 2014. Other measures announced include: Introduction of a 50% business rates relief for 18 months for businesses that move into retail … Read More
What was missing? After last year’s surprise announcement over the tenfold increase in the Annual Investment Allowance, open minds were the order of the day. Areas not announced in the Autumn Statement 2013 which we thought might get a mention included: Seed Enterprise Investment Scheme – the threshold for the SEIS was predicted to increase from £150k to £500k but … Read More