Costly wait continues for business rates valuation appeals

摘要

More than 133,000 firms are still awaiting appeals of their business rates valuation from 2010 to be resolved, council leaders have revealed.The Local Government Association (LGA) said that councils have been forced to put aside £2.5bn over the pastfive years to cover the risk of business rates appeals.Smith Square called on the Government to take the financial risk from business rates appeals away from local government.Vice-chairman of the LGA's resources board, Cllr John Fuller, said: 'Delays intackling business rate appeals are heaping further financial pressure on the uncertainty and pressure on our local services at a time when every penny counts.'An LGA briefing added: 'It is important that a solution is reached to help deal with thefinancial risk from business rates appeals, as the need to make provision for these is currently having a major impact on councils' finances. It is imperative that a solution to the risk of appeals is reached.'