Navigating Retail Property Challenges in Light of the Spring StatementIn this episode of 'That Retail Property Guy,' host Gary Marshall discusses the potential implications of the upcoming Spring Statement by the Chancellor on the retail property sector. He examines how increases in the National Living Wage and National Insurance contributions could affect retailers' profit margins, and explores the ongoing debates about business rates (including the House of Lords' recent intervention) and VAT registration thresholds. Gary also offers practical advice for retailers on optimising property-related costs and emphasises the importance of getting expert legal and financial advice. Whether you are a small business owner or part of a larger entity, staying updated on laws and regulations is crucial for maintaining profitability and competitiveness. 00:00 Budget or Statement00:19 Impact of the Spring Budget on Retail Property02:01 National Living Wage and Employer Contributions03:46 Business Rates and Government Reforms07:08 VAT and Turnover Thresholds09:31 Tax Reporting for Smaller Businesses10:17 Final Thoughts and Advice12:08 Conclusion and Call to ActionCatch up at the Retail Technology Show, Excel London 2/3 April 2025! Contact details below.Send us a textNever miss an episode! Follow and like That Retail Property Guy on your favourite podcast platform - available on Apple, Spotify, Amazon and more. Find out more and message us on the podcast website Go to ThatRetailPropertyGuy for more on Gary Marshall, Smarter Estates and the TRPG podcast. You can also check out the TRPG Blog for reading versions of key episodes. For our niche 'Accounts Recoverable in Retail Property' business services, visit SmarterEstatesAnd find Gary and team on LinkedIn for regular updates and community info!

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