Tuesday, May 13, 2014
The unfairness of business rates was highlighted at Sheringham Chamber of Trade’s annual meeting.
Guest speaker, MP Norman Lamb, said the government recognised the problems - as supermarkets and online warehouses paid more per square meter than High Street businesses - but could not say when it would change, said chamber secretary Andrew Bullen.
Peter Hill from Bertram Watts booksellers suggested the American system of a local tax on turnover would be much fairer.
The chamber is urging all businesses to lobby their MPs to push changes through as quickly as possible.
Officers elected at the meeting were: chairman Jeremy Stubbs of Stubbs Mugs; vice-chairman Barry Starling; secretary Andy Bullen; treasurer Stefan Battrick.
A Norwich-based business which started as a “man with a van” operation is eyeing further expansion after seeing its predicted turnover increase from £6,000 to £340,000 within five years.