Town's Traders Fear Business Rate Impact

Summary


TRADERS in Teignmouth say small businesses in the South Devon town will go under if new business rate values come into effect next year.

Businesses across the region have been notified that their rateable values have been reassessed, with some firms seeing dramatic rises.

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Extract


Town's Traders Fear Business Rate Impact

Paul Nicks, chairman of Teignmouth Traders, said a hike in business rates combined with the economic downturn...

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