Tory tax cuts

[AtW]

Rishi Sunak could hike business rates for 'most valuable properties'

Properties potentially affected by move could include large shops, supermarkets, offices, hotels and cinemas

Rishi Sunak is considering an increase in business rates for the "most valuable properties", with fears being raised that the move could hurt firms already struggling amid the effects of the coronavirus crisis.

The Chancellor has asked for industry feedback on whether high end shops, offices and other large premises should pay a new, higher business rate, with responses due ahead of the autumn Budget.“

Rishi Sunak could hike business rates for 'most valuable properties'

Counting down for malvolio to post that Labour would have done worse: 3... 2...

[AtW]

“ In a call for evidence as part of a business rates review, the Treasury said failing to raise enough revenue from them could put pressure on "other parts of the tax system".”