How to estimate business rates increase 2025

[NeilOx]

Can anyone explain how I could estimate what the increase in Business rates will be next year following the reduction of the Retail / hospitality relief from 75% to 40%? As far as I can tell we currently get small business rate relief but not the full amount, retail hosp relief and transitional relief. I have no idea in which order these are applied to the calculation so am unable to work out how much the reduction from 75% to 40% relief will increase the bill.

 

[ethical PR]

Can anyone explain how I could estimate what the increase in Business rates will be next year following the reduction of the Retail / hospitality relief from 75% to 40%? As far as I can tell we currently get small business rate relief but not the full amount, retail hosp relief and transitional relief. I have no idea in which order these are applied to the calculation so am unable to work out how much the reduction from 75% to 40% relief will increase the bill.

Ask your business rates team at your council

 

[NeilOx]

Ask your business rates team at your council

I did try that but they couldn't or wouldn't help