On 22 November 2023, Chancellor Jeremy Hunt presented his Autumn Statement to Parliament and started making, in his words, the long-term decisions necessary to strengthen the economy and build a brighter future. Fueled by falling inflation and stabilised public finances,...
Posts Tagged ‘Business Rates’
Autumn Budget 2021: What You Need To Know
On the 27th October 2021, Chancellor Rishi Sunak unveiled the contents of his Budget in the House of Commons. Setting out the government's tax and spending plans for the year ahead, Mr Sunak said his plans were focused on the...
COVID-19 – Expanded Retail Discount Scheme
The government has launched an Expanded Retail Discount Scheme, providing 100% business rates reliefs to certain businesses in 2020/21, regardless of their rateable value. Please note that this applies to England only. Properties that will benefit from the relief will be...
COVID-19 – Grants Payable To Businesses From £10,000 to £25,000
Many businesses with premises will qualify for a one-off cash grant and we summarise below the qualifying criteria: a) Retail, hospitality or leisure businesses with a rateable value of between £15,000 and £51,000 can access an additional cash grant of £25,000. b)...
A Guide To The Budget 2020
On 11 March 2020, the Chancellor of the Exchequer, Rishi Sunak, delivered his first Budget in the House of Commons. Just before the Budget announcement, Mark Carney from the Bank of England announced a reduction in UK interest rates from 0.75%...