The government is launching an independent review of the valuation methodology used to assess pubs and hotels for business rates purposes. The review, led by Jerry Schurder, will examine whether the current valuation approaches remain appropriate and identify any opportunities for improvement.
Alongside the launch of the review, the government is inviting views and evidence from businesses, representative bodies, valuation professionals and other interested stakeholders through a Call for Evidence. Responses will help inform the review’s findings and recommendations.
Please see link for full information here Business Rates: Review of Valuation Methodology for Public Houses and Hotels
The Association will be responding on behalf of membership and we invite your views to be submitted to us by 1st October please.