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3 days ago · According to trade groups UKHospitality and the British Retail Consortium, high street businesses pay more than one third of the business rates collected every year, amounting to almost 9 billion ...
3 days ago · Chancellor Rachel Reeves has announced a 40% relief on business rates for the retail, hospitality and leisure industry in 2025/26, up to a cap of £110,000 per business. In her Budget statement ...
3 days ago · High Streets across the region are set for a Business Rates reprieve as plans have been announced to extend rate relief for cafes, shops and pubs. ... as well as the rise of online shopping that ...
3 days ago · Currently, companies within the hospitality trade are able to receive a 75% reduction in their business rates bills but this was set to expire on 31 March 2025 with the most a site can receive in relief each billing year being £110,000 per business. However, this relief figure will now fall to 40% after the Budget on Wednesday 30 October.
3 days ago · “I will today provide 40% relief on business rates for the retail, hospitality and leisure industry in 2025-26 up to a cap of 110,000 pounds per business,” Reeves said.
"I will today provide 40% relief on business rates for the retail, hospitality and leisure industry in 2025-26 up to a cap of 110,000 pounds per business," Reeves said. High street
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 ...