11th December 2024
10th December 2024
Scottish Budget reveals business rate changes for 2025-26
The Scottish Government has unveiled its 2025/26 budget which seemed to go under the radar of most of the mainstream press. There was some welcome news for the hospitality sector and small businesses will breath... Continue reading
18th November 2024
Draft legislation to permanently cut business rates for retailers is published
The Government has published its draft legislation to permanently cut business rates for retailers, as from 2026. Largely welcomed by the sector, thousands of businesses across England and Wales will benefit from the reduction which... Continue reading
16th October 2024
September inflation figure announced with implications for 2024/25 business rates
The CPI for September 2024 has been announced at 1.7% which has a direct impact on the 2025/26 Uniform Business Rate (UBR) that’s used to calculate business rates for the forthcoming financial year. The inflation... Continue reading 10th October 2024
Expectations rising ahead of Labour’s first Autumn Budget Statement
By Aaron McLeod, Director Labour, known for its bold statements on business rate reforms whilst in opposition, is gearing up for an impact with its first Autumn Budget Statement on October 30. And given Labour’s... Continue reading 16th September 2024
Calls for permanent, lower and universal hospitality multiplier to help “rebalance” business rates
Trade body UKHospitality is calling for an urgent action to avoid rocketing business rates bills for thousands of businesses next April. With current business rates relief set to end on 31 March next year, UKH... Continue reading
5th September 2024
Chancellor urged to address “broken” business rates in first budget
The British Retail Consortium (BRC), which lobbies government on behalf of retailers is urging the new Chancellor Rachel Reeves to scrap business rates for shops as a matter of urgency. The BRC represents the likes... Continue reading 12th August 2024
Tax system reform in Wales includes business rate changes
The Local Government Finance (Wales) Bill has been recently passed by the Welsh Senedd and locks in a series of changes to tax systems in Wales, with some affecting business rates. The Bill was introduced... Continue reading 17th July 2024