RE:UK response to review of valuation methodology for public houses and hotels call for evidence

We have submitted a brief response to the call for evidence for the review of valuation methodology for public houses and hotels. We took the opportunity to highlight the need for greater transparency and certainty in the valuation process, which is relevant to all asset classes. While not directly relevant to valuation methodologies, we also noted that, to provide greater certainty and predictability over rates bills, the Government should fix the tax rate, like all other taxes.