Burnham’s business rates plan to boost high street ‘could cost around £880m’

Andy Burnham's high street plan set to cost £880m as Labour goes after online giants

Andy Burnham's proposal to overhaul business rates to support small high street firms could cost around £880million annually, a bombshell new analysis has revealed. The former Greater Manchester Mayor, who could become Prime Minister in just a fortnight, intends to fund support by taxing large warehouses used by online giants, including Amazon.Mr Burnham opened the door to tax rises during an interview with LBC last week, claiming there is "room…

Burnham’s £880 million plan to save high street shops

Burnham’s business rates plan to boost high street ‘could cost around £880m’

Forecasts by global tax firm Ryan suggest proposals could lift more than 140,000 additional small premises out of paying business rates.

Small businesses need stability, not more sweeping change under Burnham

In the following article, Sabby Gill, CEO of Dext, examines Andy Burnham’s initial plans for economic growth and argues that small businesses need stability, simpler regulation and greater support for digital adoption if they are to unlock productivity and sustainable growth. Small businesses will welcome any serious plan to reform business rates, back entrepreneurs and spread growth beyond Westminster. But from the conversations I have every da…

ACS responds to Andy Burnham Business Rates overhaul proposals

Prime minister-in-waiting Andy Burnham has repeated his willingness to overhaul business rates in support of small businesses. Burnham said that he plans to cover the cost through higher property taxes for large warehouses, including the likes of Amazon. Speaking on LBC , the Makerfield MP said… This story continues at ACS responds to Andy Burnham Business Rates overhaul proposals Or just read more coverage at Talking Retail

Burnham's small business rates plan could cost £880m a year

Andy Burnham’s proposed rates reforms could help cut business rates for over 100,000 small businesses but could cost £880m a year, new analysis suggests.