What are the implications of the fo...

What are the implications of the forthcoming changes to business rates calculations? John Davies explains, and fears there may be precipitous rises in the pipeline for retailers

All small firms ne to be aware of the significant changes beneath way to the rules governing local taxation of small businesses. Many readers will by way of now have received a notice, from the Inland Revenue's Valuation Office Agency (VOA), setting not at home a new `summary valuation' for the properties they use These notices, which are being sent to stores offices, factories and warehouses, are part of the proces through which the VOA complies with