Scrapping Business Rates will reinvigorate our high streets
Wantage Lib Dem candidate Richard Benwell says that the planned scrapping of business rates 'will reinvigorate our high streets'.
“Yesterday Jo Swinson outlined the Lib Dem's bold plan to scrap business rates. This is really good news for towns like Wallingford, Didcot and Wantage, as well as traders across Wantage constituency.
St Mary's Street, Wallingford
“The plan to abolish business rates and replace them with a commercial landowner levy, based on the value of the land only, will take the cost off businesses and breathe new life our town centres. Business rates are a drag for small traders, and SMEs should be spared the burden of property taxation. This plan will save our local councils time and money too.
“High Street traders face many challenges - including from online competitors who don’t face the same, sometimes crippling business rates. The Lib Dems believe in supporting the many millions of businesses that make our country a success.”