ME NU Home GRADUATES COVID-19 HUB LONDON · MANCHESTER · GLASGOW · EDINBURGH WHAT DOES THE AUTUMN STATEMENT 2021 MEAN FOR BUSINESS RATES? October 28, 2021 68 3 Josh Myerson retail & leisure rating central government local authorities london Whilst the Chancellor of the Exchequer did leave some questions unanswered yesterday in the Autumn Statement regarding reform, he made it very clear he believes in retaining the business rates system. Like us, he recognises they have a legitimate place in our UK’s balanced basket of taxation, as opposed to what he described as the Opposition’s “reckless and irresponsible” plans to abolish the system. Raising over £25 billion per annum and representing a major source of local authority funding, he made it clear that collecting these monies from other sources would be untenable. Download our update of the key points below. “The devil remains in the detail” https://www.propertyweek.com/news/industry-divided-over-business-rate-reforms/5117086.article Open File 0.06MB INTERESTED IN SOMETHING SIMILAR? VIEW ALL OUR ARTICLES SIGN UP FOR ALL THE LATEST NEWS & INSIGHTS LONDON · MANCHESTER · GLASGOW · EDINBURGH Twitter LinkedIn Privacy policy Cookies Legals Media centre © 2020 Montagu Evans COOKIE CONTROL Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used, including - in some instances - sharing data with other customers. You can use this tool to change your cookie settings. Otherwise, we’ll assume you’re OK to continue. I'm fine with this More details