10 December 2024
Bira has been invited to participate in crucial Treasury discussions on business rates reform, marking a significant step forward in the association's long-standing campaign to reduce the rates burden on independent retailers.
This invitation follows the government's recently published discussion paper on reforming business rates, released in the wake of the Autumn Statement. The consultation process, running until March 2025, will help shape reforms set to be announced in the 2025 Autumn Statement and implemented from April 2026.
The talks come at a critical time for independent retailers, following October's Autumn Statement which announced a reduction in business rates relief from 75% to 40% (capped at £110k) from April 2024, adding further pressure to an already challenging trading environment.
Andrew Goodacre, CEO of Bira, said: "We have been lobbying for meaningful business rates reform for many years, with the ultimate aim of permanently reducing the rates burden on independent retailers. It is extremely positive that Bira will play a prominent role in these discussions, ensuring our members' voices are heard at the highest level."
"We understand the importance of these discussions to our members and will keep them fully informed throughout the consultation process. This is a real chance to shape a rates system that better serves independent retailers and our high streets."
Bira has consistently highlighted the need for a fairer business rates system. This consultation process provides a genuine opportunity to influence long-term reform of a system that has long been criticised by the independent retail sector.
Bira's advocacy takes your voice to the heart of Parliament
Bira is at the forefront of championing the cause of independent traders and shopkeepers across Britain.
Our campaigns cover a wide spectrum of issues crucial to the success of independent traders including:
- Combatting the rising tide of retail crime
- Advocating for changes in legislation that promote fairness and flexibility
- Fighting for fairer business rates
- Overall reducing the regulatory burden
- £1 billion damages claim against Amazon by UK retailers
Latest News
-
Independent retailers mingle with top suppliers for 'Mica Exchange' in Peebles, Scotland
Mica held its annual ‘Mica Exchange’ gathering over the weekend of 16th - 17th September at the picturesque Peebles Hydro Hotel & Spa in the Scottish Borders. The Exchange is an invitation-only event taking place in a different part of the UK each year that brings together Mica's...
-
Dexam launches new ranges in partnership with the RHS
Following the success of their existing collections, Dexam have launched two new ranges in partnership with the Royal Horticultural Society (RHS). The Birds and Gertrude Jekyll textile ranges are now in stock and are made from organic cotton.
-
Bira CEO comments on the rise of shoplifting in UK stores & the effect on indie retailers
Shoplifters in the UK are becoming increasingly "emboldened" and appear to be operating under more organised and coordinated efforts, often orchestrated by organised criminal groups. These groups steal to order, fuelling a growing black-market trade in various goods, from cheese and meat to luxury items. Retail experts have expressed concern over the rise of these "grab-and-go" raids and their impact on businesses.
-
Understanding the UK Plastic Packaging Tax: Registration, Returns, and Payments
The Plastic Packaging Tax (PPT), implemented on April 1, 2022, marked a significant step towards reducing the environmental impact of plastic packaging in the United Kingdom. For businesses engaged in the manufacture or import of 10 tonnes or more of plastic packaging over a 12-month period, it is crucial to grasp the registration, return, and payment obligations associated with this tax. Even if your packaging comprises 30% or more recycled plastic, registration for PPT is mandatory and can be conveniently completed on the GOV.UK platform.