Wonders never cease!
From City AM:
The TaxPayers' Alliance has suggested that business rates are a “bad tax” and could be replaced altogether.
The campaign group proposed several reforms to the current system including automating revaluations annually to avoid so-called “cliff edges” when business rates suddenly jump...
The TaxPayers' Alliance said it was time to review the entire system, and to consider replacing it completely with a land value tax.
Correct. If you strip out the bad bits from Business Rates, SDLT, Council Tax and so on, what you are left with is Land Value Tax.
Debate Magazine
