October 15th, 2021.



The government will not after all announce the reform of business rates for small businesses in the Budget, as had been expected.

Business rates reform has been “thrown into the long grass” according to the Daily Telegraph and instead only small-scale tweaks will be announced after the Budget on October 27.

This would be the fifth time the government delayed publishing its plans for business rates reform.

In March 2020, the government announced a new consultation and said that the first part of the business rates review would be published in the tail end of 2020, with the second part in early 2021.

There have already been four delays to publishing the business rates review this year.

Independent retailers trying to make a go of things on the High Street complain they are penalised by unfair business rates, while out of town retailers in bigger retail parks pay less per square foot.


For the full story at smallbusiness.co.uk CLICK HERE.