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Feb 19, 2021 · In the past decade, business rates collected by government have risen by 30 per cent and a quarter of this £30bn annual tax take comes from retailers. Alongside National Insurance contributions...
- Steve Rowe
3 days ago · Cut once the discount expires. Now, Reeves has confirmed in her Autumn Budget that business rates relief will be extended through to 2025/26 for retail, hospitality and leisure companies – up to a cap of £110,000 – but also cut to 40% after the current discount expires in April. As a result, many businesses will see their business rates ...
3 days ago · Predominantly bricks-and-mortar retailers have for years complained that business rates - a property tax charged on most commercial properties to fund local services - are archaic and hand an ...
Oct 6, 2020 · Companies in England will have to pay an additional £6bn in business rates over the next five years, according to a report that calls for urgent reform of an “archaic and unsustainable ...
Oct 21, 2024 · Business rates, which are set according to the value of a business’s property and paid to the local authority, have been temporarily reduced for retail businesses in each of the last five financial years, though some have called for them to be reduced permanently.
3 days ago · We will be conducting engagement between November 2024 and March 2025, with an initial phase of engagement before Christmas. If you would like to be involved, please contact ...
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Oct 7, 2020 · The coronavirus pandemic has fast-forwarded the need for a revamp of England's 'archaic' Business Rates model; inaction would mean more than £6bn added to business bills over the next 5 years.
