The Guardian Business · Экономика · 8 ч назад

Government vows to make business rate valuations for pubs and hotels fairer

Review will look at improving system for English and Welsh hospitality venues before next revaluation date in 2029 Business live – latest updates The government has promised that business rate valuations will be “made fairer” for pubs and hotels in England and Wales, as Andy Burnham faces growing calls to help the UK’s struggling hospitality sector. An independent review for England and Wales will look at improving t…

Источник The Guardian Business
Опубликовано 8 ч назад
Оригинальный заголовок Government vows to make business rate valuations for pubs and hotels fairer
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Подробности

Hospitality venues were hit by higher business rate bills this year after the end of pandemic-era relief and when new revaluations took effect. Photograph: william87/Getty Images/iStockphoto View image in fullscreen Hospitality venues were hit by higher business rate bills this year after the end of pandemic-era relief and when new revaluations took effect. Photograph: william87/Getty Images/iStockphoto Business rates Government vows to make business rate valuations for pubs and hotels fairer Review will look at improving system for English and Welsh hospitality venues before next revaluation date in 2029

Prefer the Guardian on Google The government has promised that business rate valuations will be “made fairer” for pubs and hotels in England and Wales, as Andy Burnham faces growing calls to help the UK’s struggling hospitality sector.

An independent review for England and Wales will look at improving the system for hospitality venues, which were hit by higher business rate bills this year after the end of pandemic-era relief and when new revaluations took effect.

It comes after Burnham announced last month that he would cut business rates for pubs, social clubs and live music venues in England by 20% from April next year.

The government has faced calls to reduce the tax burden on hospitality businesses, which have also struggled to cope with rising energy and food bills in recent years.