Unintended recipients of rising UK non-domestic property tax reliefs

Matikonis, Karolis ORCID: https://orcid.org/0000-0002-0685-1100 (2020) Unintended recipients of rising UK non-domestic property tax reliefs. British Tax Review, 2020 (2). pp. 143-150. ISSN 0007-1870

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Abstract

Discusses, with reference to small business rate relief (SBRR), why increases in UK tax relief for non-domestic properties are unlikely to be of real benefit to the recipients, and why further reforms are needed. Reviews the justifications for the reforms, and explains the problems of property tax relief, including the risks of mis-targeting and the likelihood of SBRR being capitalised into rent and not benefitting the business in the premises.