Sunak announces business rates relief for property improvements

By Tom Lowe2021-10-27T14:11:00

Policy was one highlight of budget and autumn spending review otherwise light on new construction spending

Firms will be spared from paying higher business rates after making improvements to their properties under a new tax relief policy announced in today’s budget and spending review.

Rishi Sunak said the business rates relief will start in 2023 and will last for 12 months, enabling businesses to make improvements to their premises as staff return to the workplace.

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