Following a widely publicised debate surrounding the revaluation of business rates, which has seen some small businesses faced with dramatic hikes to their bill, it was expected that Chancellor Philip Hammond would address these concerns in his Spring Budget. He did not disappoint. In a welcome move for small business owners negatively affected by the forthcoming changes, Hammond revealed a series of measures designed to limit the impact.
While Hammond said it was not possible to abolish business rates altogether due to them raising a vital £25bn a year for the Treasury, he unveiled a three point plan of attack backed by a £435m package to help those businesses facing the biggest increases.
Craig joined Eddisons in 2011 as an Associate Director after spending 17 years in Leeds in the business rates environment. He has acted for many clients from single property owners to multinationals on a wide range of property from shops to concrete batching plants.
Craig has over 20 years’ experience in the rating field, but the ever-evolving and complex issues in this area means he continues to develop his experience and knowledge.