UK Budget to raise taxes by £40bn: Hospitality industry reacts
Serviced Apartments
OCTOBER 31, 2024
. • Business rates for retail, hospitality and leisure properties There will be a permanently lower business rates multiplier f0r retail, hospitality and leisure [RHL] properties from 2026/2027. A 40 per cent relief on business rates will be provided with a cap of up to £110,000 per business for 2025 and 2026. •
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