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Budget News

Essential maintenance will be taking place on a number of online systems on Sunday 24 June between 10am and 5pm. This may lead to some parts of the website being unavailable at times. Apologies for any inconvenience caused.

The chancellor announced in the budget on 8 March 2017, further help to ease the burden from higher business rates.

The Chancellor says the tax brings in £25bn a year, so he can't abolish the rates but he unveils three measures to help those affected:

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  1. No business losing small business rate relief will see their bill increase next year by more than £50 a month
  2. Eligible pubs with a rateable value of less than £100,000 will receive a discount of £1,000 in 2017/18
  3. A £300m fund for local councils to offer discretionary relief for hard-hit cases

Further information on the above measures can be found on the Business Rate relief page.