Lots and lots of problems with this. Firstly, capital gains tend to arrive in lumps. Let's say that I buy a business for £100k, work on it for ten years, then sell it for £200k. Every year I pay… (View Post)

I think that one is pretty much a single perfect circle. (View Post)

Our of interest, what's driving this? It's probably not direct profiteering, the market is too competitive. I suspect that it's more about the handling/packaging/transaction cost. The … (View Post)

That doesn't work, the whole point of my suggestion is to prevent firms getting clobbered by property taxes when trying to expand - going for a "best of three" makes it horribly worse … (View Post)

Our business rates taxation is amazingly punitive - basically the government runs off with ~50% of the market rent every month. It's one of the factors that make expanding a business incredibly … (View Post)