11th December 2024
30th October 2024
The Budget and Business Rates – what it means
Today’s Autumn Budget has delivered some seismic announcements that amount to a further £40bn in taxation for businesses and individuals to absorb. Business rates did not escape mention – several mentions in fact – with... 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 7th March 2024
Budget 2024 – Business Rates Update
Landlords’ empty property costs to rise from April due to new legislation Empty Property Relief The government has acted to extend the Empty Property Relief ‘reset period’ from six weeks to thirteen weeks from 1... Continue reading
20th December 2023
The Scottish Budget – what it means for business rate payers
Following on from statement on the Scottish Budget this week, here’s a summary for business rate payers: Changes in poundage for Rateable Values (RV): Rateable Value (RV) Basic Poundage Below £51,000 Unchanged at... Continue reading
27th November 2023
Chancellor’s Autumn Statement – what it means for business rates
The government has announced a business rates support package worth £4.3 billion over the next five years to support small businesses and the high street. The small business multiplier will be frozen for a fourth... Continue reading 15th March 2023
The Spring Budget – what is means for business rates
In 2023/24 business rates will contribute £30bn to public sector receipts but the 2023 budget was relatively quiet on this subject. The major win for ratepayers had already been announced several weeks ago, with the... Continue reading
27th October 2021
New business rate discounts announced in Chancellor’s Autumn Statement
There’s some good news on the business rates front today for hospitality, leisure and retailers in the Chancellor’s Autumn Statement. He announced in the last hour that there will be a new 50% business rates... Continue reading 3rd March 2021
Business Rates and the Budget 2021
By Aaron McLeod, Director Business rates featured heavily in today’s budget as the Chancellor announced that all businesses in the hospitality, retail and leisure sectors would be given a further three months’ exemption in England.... Continue reading- 1
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