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FSB welcomes repeal of Staircase Tax

The Federation of Small Businesses has welcomed the Government’s publication of a draft Bill to repeal the Staircase Tax.

This follows a successful campaign by FSB to scrap an anomaly in the Business Rates system in England and Wales, which resulted in many small businesses paying extra rates if they shared premises and had rooms in different parts of the building, linked by a shared staircase or corridor. It has also applied to shared lifts and communal access roads to shared car parking spaces, and saw inflated bills backdated to 2015 in England and 2010 in Wales.

Responding to the draft Bill and consultation, FSB National Chairman Mike Cherry said: “The Staircase Tax has arbitrarily penalised small firms simply because they shared a communal staircase, corridor or even car park with another business.

“It is very good news that the Government has stepped in to repeal this ludicrous tax and I hope politicians of all parties will now back its abolition when it is put to Parliament.

“Senior ministers, including Sajid Javid and Philip Hammond, have taken this decisive action after listening to the concerns raised by FSB and its members. We look forward to taking part in the Government’s consultation to make sure this legislation is right and that all small businesses affected are reprieved without delay.”