The ALMR has today reinforced its campaign for business rates reform, bringing together leading hospitality businesses to urge all political parties to commit to root and branch reform.
The ALMR is one of over 100 businesses from a cross-section of UK industry, including hospitality brands, who are co-signatories to a full page open letter in today’s Daily Telegraph, calling for fundamental reform of the business rates system.
ALMR Chief Executive Kate Nicholls said: “Over the past year, the ALMR has been vocal in calling for the Government to carry out a reform of business rates – and that has borne fruit in terms of the current regime and the 2015 valuation process – but we need to see even more action to ensure that the tax is consistent, proportionate and fair. The costs of property in our sector have spiralled out of control over recent years and we are more highly taxed than any other property market in Europe.”
“As we begin to look forward to next year’s General Election, all parties need to be aware that this is a pressing matter for licensed hospitality businesses. If we want a sustainable high street, then the status quo is not an option. We will continue to press for business rates reform in order to promote a fair and flexible market which allows our members to grow and prosper.” Ends