TaxCorporate TaxBusinesses facing local council tax threat

Businesses facing local council tax threat

Parliamentary committee pushing for extra levy

Businesses in the UK could be hit by supplementary business rates if local
councils are allowed to levy a supplementary local business tax of up to 10%.

The move is being proposed by the
Communities and Local Government
Committee
, which has said local authorities should be allowed to charge
businesses in their areas a supplementary business rate.

This could see businesses faced with a combined extra tax bill of £1.5bn,
while British Retail Consortium
director-general Kevin Hawkins warned the proposal could cost high street stores
as much as £500m a year

Further reading:

HMRC and big business: how long will the honeymoon
last?

Chancellor promises fair tax policies for all

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