Guaranteed Rent Scheme | How can budget-slashed local councils subsidise business rates?
http://bit.ly/YO0hqB
Being a property management company specialising in guaranteed rent that the biggest drawback of owning a rental property is void periods in between tenants. A buy-to-let property is no good as an investment if it isn’t making any money. This is why we offer a great guaranteed rent solution. Guaranteed Rent Scheme | There's nothing more pointless than a rock'n'roll star, said Radiohead's Thom Yorke. If he ever gets round to reading Clause 69 of the Localism Act he may yet come to revise this view. In pointless policy terms this one is in a league of its own. Happiness indexes and cycling lanes designed not to be used don't come close. Guaranteed Rent Scheme From the perspective of many northern councils, the policy is not only pointless but also insulting. Essentially, it gives councils the power to reduce business rates, something many small businesses have long been crying out for. But to do this councils will have to cut back on care for the elderly or disabled services because it has to be paid for from council budgets that have already been cut to the bone. Guaranteed Rent Scheme It is naked political calculation of the worst kind, allowing central government to keep business rates at an unsustainably high level (increased by over £500m for retailers in last two years) and being able to direct small business complaints towards councils for not reducing them. Once again it's a case of more sophistry and politics for the High Street and no serious policy. Guaranteed Rent Scheme Mark Prisk, the man responsible for taking on responsibility for the Government's high street review - operating under the ridiculous moniker of Local Growth Minister – is busy beating a drum for Clause 69. Last week he told an Association of Convenience Stores conference that their members should be lobbying councils to reduce business rates. Never mind the fact that Government has ignored the likes of the British Property Foundation, the British Independent Retailers Association, the Chambers of Commerce and many more trade bodies by continuing to introduce punishing business rate rises. Never mind that Government continues to oversee the decline of the body responsible for evaluating business rates to the point where it has a massive backlog of business rate appeals it's taking so long to process that businesses paying too much tax are going under in the meantime. Never mind Government introducing the biggest increase in business rates in 20 years last year, costing retailers £350million, while throwing £20million of scraps in Portas Pilot funding to hard pressed high streets. Never mind government failings. If business rates are crippling your business then it must be the fault of your local council. If rhetoric could revive our high streets, a New Jerusalem would be springing up tomorrow and empty shops up and down the country would be filled overnight with vibrant businesses. But I'm afraid the high street doesn't work like this and there has to come a time when political calculation ends and painful reality begins. Sadly Mary Portas made the same mistake of lapsing into wishful thinking rather than focusing on the realpolitik of business rates and local authority funding. Her independent review said local authorities should use their discretionary powers to give business rate concessions to new businesses. But with Greater Manchester local authorities having to make cuts of just short of £1billion by 2015 where is the room to subsidise business rates? - Source rent guarantee scheme - Do you want to receive monthly rent even when the property is unoccupied?. Please contact us on 020 8694 8098 for extensive references to see how we can help you today.
http://bit.ly/YO0hqB
Being a property management company specialising in guaranteed rent that the biggest drawback of owning a rental property is void periods in between tenants. A buy-to-let property is no good as an investment if it isn’t making any money. This is why we offer a great guaranteed rent solution. Guaranteed Rent Scheme | There's nothing more pointless than a rock'n'roll star, said Radiohead's Thom Yorke. If he ever gets round to reading Clause 69 of the Localism Act he may yet come to revise this view. In pointless policy terms this one is in a league of its own. Happiness indexes and cycling lanes designed not to be used don't come close. Guaranteed Rent Scheme From the perspective of many northern councils, the policy is not only pointless but also insulting. Essentially, it gives councils the power to reduce business rates, something many small businesses have long been crying out for. But to do this councils will have to cut back on care for the elderly or disabled services because it has to be paid for from council budgets that have already been cut to the bone. Guaranteed Rent Scheme It is naked political calculation of the worst kind, allowing central government to keep business rates at an unsustainably high level (increased by over £500m for retailers in last two years) and being able to direct small business complaints towards councils for not reducing them. Once again it's a case of more sophistry and politics for the High Street and no serious policy. Guaranteed Rent Scheme Mark Prisk, the man responsible for taking on responsibility for the Government's high street review - operating under the ridiculous moniker of Local Growth Minister – is busy beating a drum for Clause 69. Last week he told an Association of Convenience Stores conference that their members should be lobbying councils to reduce business rates. Never mind the fact that Government has ignored the likes of the British Property Foundation, the British Independent Retailers Association, the Chambers of Commerce and many more trade bodies by continuing to introduce punishing business rate rises. Never mind that Government continues to oversee the decline of the body responsible for evaluating business rates to the point where it has a massive backlog of business rate appeals it's taking so long to process that businesses paying too much tax are going under in the meantime. Never mind Government introducing the biggest increase in business rates in 20 years last year, costing retailers £350million, while throwing £20million of scraps in Portas Pilot funding to hard pressed high streets. Never mind government failings. If business rates are crippling your business then it must be the fault of your local council. If rhetoric could revive our high streets, a New Jerusalem would be springing up tomorrow and empty shops up and down the country would be filled overnight with vibrant businesses. But I'm afraid the high street doesn't work like this and there has to come a time when political calculation ends and painful reality begins. Sadly Mary Portas made the same mistake of lapsing into wishful thinking rather than focusing on the realpolitik of business rates and local authority funding. Her independent review said local authorities should use their discretionary powers to give business rate concessions to new businesses. But with Greater Manchester local authorities having to make cuts of just short of £1billion by 2015 where is the room to subsidise business rates? - Source rent guarantee scheme - Do you want to receive monthly rent even when the property is unoccupied?. Please contact us on 020 8694 8098 for extensive references to see how we can help you today.
No comments:
Post a Comment