Budget News

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:

Continue reading
  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.