JPG encourages SME’s to take part in the recently announced business rates review

On March 16th the Government launched a review of business rates. The review will focus on examining the structure of the current system, which is paid annually on 1.8 million business properties in England.

The review will assess how businesses use property, what the UK can learn from other countries about business taxes, and how the system could be modernised so it better reflects changes in the value of property within the UK.

Chief Secretary to the Treasury Danny Alexander said:

“Our system of business rates was created nearly 30 years ago. Since that time, the worlds of commerce and industry have changed beyond recognition. I’ve been impressed by the representations made by the business community and I know that business rates are a considerable cost.”

Chris Harding, Managing Director at JPG advises:

“We should not be focussed on quick short term results for businesses as these changes are not likely to come into effect for another 2 years. What I would like to do, is encourage businesses to take part in the review and give a louder voice for all of the SME’s and get their views heard about business rates and how these can be amended to assist in economic growth.”

The latest announcement follows the government’s commitment in December 2014 to conduct a review of business rates and implement a £1 billion package to reduce the cost of business rates in 2015-16, with particular support for the smallest businesses and the high street.

For more information about the business rates review and how you can get involved visit their website.

JPG are providing consulting Civil & Structural Engineering service for new Ossett Development

JPG are providing consulting Civil & Structural Engineering service for Developer, Gregory Projects Ltd, who are developing  a site in Ossett, near Wakefield.

A full planning application as recently been submitted

Gregorys are set to deliver 56,500 sq ft of high specification industrial accommodation.

The Leeds-based developer has confirmed that it hopes to start on site by early summer following strong occupier interest.

In particular, it is in advanced discussions with a business on a 32,500 sq ft unit and also two firms both considering units of approximately 12,000 sq ft.

Ossett 40 on Milner Way is located just one mile from J40 of the M1. Previously it was occupied by fellmongers Nettleton & Porter Limited but more recently the buildings were demolished to make way for regeneration.

The site already has outline planning permission for 50,000 sq ft across three buildings.

Richard Tovey, director at Gregory Projects, part of the Gregory Property Group, said, “Ossett is a popular location for industrial occupiers because of its excellent transport links and labour force.

“Unsurprisingly we have received a lot of interest and anticipate having occupiers for all three units prior to completion of the construction at Christmas this year.”

Ossett 40 offers units with integral offices, parking and generous yards with design and build packages available for occupiers on a freehold or leasehold basis.

The three units are expected to be ready for occupation by December 2015.