#business-rates

#business-rates

Stuart Machin urges UK government to delay tax and recycling charge changes to protect the retail sector from significant cost increases.

Higher taxes and ending business rates relief could jeopardize many pubs and restaurants, threatening employment and investment during a critical holiday season.

Business rates in England will increase by £1.5 billion in 2025/26, significantly impacting retail, hospitality, and leisure sectors.

Retail, Leisure & Hospitality sectors will face a £2.66 billion annual increase in business rates due to upcoming tax hikes.

The UK Government's new business rates legislation could jeopardize economic growth and burden larger retailers.

New business rate reforms in London's West End could lead to store closures and job losses due to a £44.5 million hike in property bills.

The Chancellor's measures fall short, lacking meaningful reform and posing risks to the retail and hospitality sectors.

Labour's business rates strategy lacks clarity and concrete plans, raising concerns.

Business rates for over 250,000 high street premises in England will rise dramatically due to inflationary changes and loss of discounts.

Sainsbury's faces a £140 million cost increase due to the Autumn Budget, leading to higher inflation concerns.