Posts Tagged ‘Amazon’
Friday, February 28th, 2014
The extent of any property occupiers’ use of infrastructure is determined by the catchment of that occupier.
The catchment of an internet business such as Amazon, is in theory infinite, although each building’s actual catchment and therefore infrastructure use will be defined by the business operation. The catchment can be usefully compared with that of an out of town shopping centre, or an Argos “click and collect” store. All three being greater than that of a ‘bricks only’ high street shop. Catchment is relevant to any customer, resident, or business and will determine the value to any occupier of their building occupation. (more…)
Tags:Amazon, Business, Crossrail, Crossrail 2, Development, Economic, Economics, Government, High Speed 2, HS2, Politics, Property, RICS
Posted in Uncategorized | Comments Closed
Friday, February 28th, 2014
Successful businesses like Amazon exploit opportunity, which means they deliver outputs that are valued. The role of government is to provide the framework for that success. To enable that with land use and property, government needs to provide a framework that is fit for purpose. This stewardship needs to reflect the long term impact, funding requirement and interrelationship of the many aspects of the built environment. Topically, particularly true if it is also to capture the appropriate tax rate. (more…)
Tags:Amazon, Asset Management, Development, Economic, Economics, Government, Infrastructure, LEP, Local Enterprise Partnerships, Mark Prisk, Politicians, Politics, Prisk, Property, RICS, UK
Posted in Uncategorized | Comments Closed
Friday, January 31st, 2014
Mark,
Your opinion piece for Property Week (24 January) raises some interesting questions about how taxation of property could evolve from the current rating system.
You asked what is the difference in activity between a warehouse operated by Amazon and a “click and collect” store run by Argos? (more…)
Tags:Amazon, Argos, Development, Government, High Speed 2, HS2, LEPs, Local Enterprise Partnerships, London, Mark Prisk, Politicians, Politics, Property, Property Week, RICS
Posted in Property | 1 Comment »
Friday, January 24th, 2014
Original article can be found on the Property Week website here
Being a fixed overhead, business rates don’t reflect the changing fortunes of a company. So when there’s a downturn, the rates bill bites even harder.
However, for government — central and local — this makes business rates attractive. While other tax revenues rise and fall with the economy, business rates provide the public sector with a steady flow of revenue — currently £26bn. So all governments are very wary of tinkering with the system. (more…)
Tags:1960s, 60s, Amazon, Argos, Development, Economic, Economics, General Rates Act, Government, London, Mark Prisk, Politics, Polticians, Prisk, Property, Property Week, RICS, Tax, Taxation
Posted in Uncategorized | Comments Closed
