The Chartered Institute of Taxation (CIOT) has responded to the HMRC’s second tranche of the review of non-domestic rates in England. The CIOT states that businesses rates are being increasingly perceived as a tax, as opposed to a property cost, therefore there is a case for making the business rates system integrated with the wider UK tax regime.
The Chartered Institute of Taxation (CIOT) has responded to the HMRC’s second tranche of the review of non-domestic rates in England. The CIOT states that businesses rates are being increasingly perceived as a tax, as opposed to a property cost, therefore there is a case for making the business rates system integrated with the wider UK tax regime.
