Honiton hit hardest with business rates?

A 31 per cent hike in a key component that makes up Honiton retailers business rates has left East Devon commerce chiefs wondering if the region has become an anomaly .

A 31 per cent hike in a key component that makes up Honiton retailers' business rates has left East Devon commerce chiefs wondering if the region has become an "anomaly".

With the average Rateable Value (RV) for retail premises in the South West set to rise by just five per cent, Chamber of Commerce bosses have been left vexed by news the figure in some East Devon towns will soar by an average of 30 per cent.

Members of Sidmouth's Chamber said this week there is "no explanation" why the region has had a higher re-valuation than anywhere else.


You may also want to watch:


Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter