Critics of a government report into business rates are angry that the government failed to take the advice of those who gave written evidence on the subject, and also that the government didn’t look abroad, at markets with similar systems, when it extended the revaluation period from five years to seven.
Businesses had in general been looking for more frequent revaluations of commercial properties, mirroring a move by the Netherlands where such properties are valued on an annual basis.
The Independent, p. 48
