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Business rates changes 2024

In the 2023 Autumn Statement, the Chancellor announced a series of changes to business rates from 1 April 2024. This includes: The small business rates multiplier will be frozen at 49.9p for properties with a rateable value of less than 51,000. The national business rates multiplier will increase by 6.7% to 54.6p  Retail Discount will […]

Business rates revaluation 2023

The Valuation Office Agency (VOA) regularly updates the rateable values of all business and other non-domestic properties (properties that are not just private homes) in England and Wales. This is called a revaluation.    Rateable values are the amount of rent a property could have been let for on a set valuation date. For the 2023 […]

Autumn Statement 2022

In the 2022 Autumn Statement, the Chancellor announced a series of changes to business rates from 1 April 2023. This includes: The business rates multipliers will be frozen at 49.9p for occupied properties with a rateable value of less than 51,000 and 51.2p for all other properties. An increase in the amount of Retail Discount […]

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