250,000 high street firms face 300% tax rise from next April - London Business News | Londonlovesbusiness.com
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from London Business News | Londonlovesbusiness.com3 months ago
"The average shop will now see its business rates bill spiral from £3,589 to £14,599 next April for 2025/26 without intervention from the Chancellor."
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/250000-high-street-firms-face-300-tax-rise-from-next-april/
"At the Autumn Budget in 2017, the Conservative Government switched the annual uplifting of business rates for inflation from RPI to the lower CPI, impacting the retail landscape significantly."
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/250000-high-street-firms-face-300-tax-rise-from-next-april/
Read at London Business News | Londonlovesbusiness.com
#business-rates #inflation #retail-sector #economic-policy #budget-impact
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