2018 Autumn Budget Business Rate Measures

The Chancellor of the Exchequer announced on 29th October 2018 at the 2018 Autumn Budget a package of business rates measures:

  • To provide upfront support through the business rates system, the government is cutting bills by one-third for retail properties with a rateable value below £51,000, for 2 years from April 2019, subject to state aid limits.
  • Business rates local newspaper discount – The government will continue the £1,500 business rates discount for office space occupied by local newspapers in 2019-2020.
  • Business rates public lavatories relief – The government will introduce 100% business rates relief for all public lavatories.

 


Last Updated on 31 October 2018