Abolish Buisness Rates

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Abolish Buisness Rates

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Business Rates being linked to the value of the property unfairly penalise small and start-up companies and does not reflect the actual turnover of the firm. By scrapping the business rates and replacing it with a local sales tax of low percentile value of sales payable to local authorities would increase start-ups, make small businesses more competitive, increase entrepreneurship and employment.

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