UK: Petrol Retail Association Warns on Business Taxes
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Sunday, 14 February 2010 |
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Planned rises to the business rates of independent petrol stations in
England and Wales could cost 1,000 jobs, their trade body has warned.
RMI Independent Petrol Retailers Association (RMI Petrol) said the
estimated job losses would come when up to 200 petrol stations have to
close. RMI Petrol said some of its members expect to see their
bills rise fourfold from 1 April. HM Revenue & Custom's Valuation
Office Agency said it was aware of concerns. "The Valuation Office
Agency has been meeting with representatives from the industry to
listen to their concerns and will continue doing so," said a
spokeswoman. "The valuation officers have a statutory duty to carry out
revaluation of business premises every five years."
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