AUTUMN STATEMENT: BUSINESS RATES SET TO INCREASE FROM APRIL 2024

In his Autumn Statement of 22nd November, the Chancellor announced 110 measures for economic growth whilst delivering on aims to reduce debt and cut taxes. As expected, these measures included important changes to business rates.

Overall, whilst there is a continued commitment to support small businesses and those operating in the retail, hospitality and leisure sectors, other businesses will likely see a significant rise in their bills from April next year.

For a complete analysis of the Autumn Statements’ impact on business rates, please see our PDF below.