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1 small business owner a week sent to prison over business rates debts

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One small business owner a week has been sent to prison after failing to pay the newly adjusted business rates bills, as the government warns sole traders to pay up or face prison. According to new data compiled by CVS for the Press Association , 54 business owners were sent to prison for up to 90 days for nonpayment of business rates in the year to the end of March. Whereas limited companies face liquidation if they are unable to pay the controversial new rates, sole traders and self-employed businesses face a “disproportionate financial and legal burden” and prison for not keeping up with payments.

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1 small business owner a week sent to prison over business rates debts

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