Cheers to Hammond on Business Rates Relief

08 March 2017

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Caroline Artis, EY’s Managing Partner, London, comments on business rates relief:

The only London businesses that will be celebrating today’s budget are the Pubs and those previously exempt. Small businesses who formerly benefitted from small business rate relief will have no more than £30 a month increase and London Pubs will get £1000 a year. Otherwise London businesses were left empty handed and disappointed, especially those competing against digital competition who once again appeared to have dodged the bullet of a business rates equivalent for online businesses.