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Postal Address: The Rt Hon Philip Hammond MP. The Chancellor of the Exchequer. HM Treasury. 1 Horse Guards Road. London SW1A 2HQ.
I live in [St Albans] and am writing to you because I support Save St Albans Pubs in seeking fair and equitable taxation on our pubs, which we believe are fundamental community assets for our city and Britain.
I understand that our MP Anne Main has written to you and shared our collective community concerns that since the business reform, St Albans has lost more than 10% of our pubs and this will continue without urgent reform on business rates.
Pubs in St Albans generate over £40 million pounds for our local economy, employing hundreds of local citizens, are often fundamental in local food chains by supporting local farms and businesses and generate over one hundred thousand pounds a year for local charities and community groups.
It does not seem equitable to me that the rate relief under the new budget for those with a ratable value of £51,000 was not extended to all pubs to help ensure that there is a level playing field. We would like to see you address this with the Chancellor and the Business Secretary as a matter of urgency.
Since the business reform, St Albans has lost more than 10% of our pubs and this will continue without urgent reform on business rates. We need the government to act now to implement the following initiatives:
- Budget tax cuts that apply across the board to all pubs for the first £51,000 in ratable values.
- The removal of ‘fair maintainable trade’ and the development of a new business rates formula for pubs, in consultation with publicans, that does not penalise the more successful pubs located in high property value areas.
- Review the business rates formula in consultation with pubs and ensure that there is full transparency.
St Albans needs your support. I understand that Anne invited you to St Albans to hear first-hand from some of our hardest hit landlords how business rate hikes have hurt their business. I support the invitation and the #savestalbanspubs #thechancellorschase campaign. 31 of our pubs must collectively sell +200,000 more pints per year to pay for the incremental tax increase. So please take the time to come to St Albans for a pint), before we have more closures.
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