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By Mark Wadsworth blog
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Outbreak of common sense at the TPA!

Monday, February 27, 2017 5:20
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(Before It's News)

Wonders never cease!

From City AM:

The TaxPayers' Alliance has suggested that business rates are a “bad tax” and could be replaced altogether.

The campaign group proposed several reforms to the current system including automating revaluations annually to avoid so-called “cliff edges” when business rates suddenly jump…

The TaxPayers' Alliance said it was time to review the entire system, and to consider replacing it completely with a land value tax.

Correct. If you strip out the bad bits from Business Rates, SDLT, Council Tax and so on, what you are left with is Land Value Tax.


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