Topic
BusinessRates
3 stories, newest first.
- World
Devolution plans give London mayors share of local taxes
The Prime Minister announced mayors in England, including London’s Sadiq Khan, will keep a portion of locally raised taxes. Transport projects under £500m no longer need Whitehall approval, but critics warn wealthier areas may gain disproportionate funding.
5 min readTrust 42 · Craft 55 · Hype 65
WorldChef Calls for VAT Cut Amid Hospitality Struggles
Michelin-starred chef Sat Bains has urged the government to lower the UK's 20% VAT rate for the hospitality sector. The call comes amid difficult trading conditions, with the UK's rate being the second highest in Europe.
3 min readTrust 42 · Craft 55 · Hype 15
WorldPubs and music venues to get 20% business rates cut
Pubs, social clubs, and live music venues in England will benefit from a 20% reduction in business rates starting in April. The government estimates this measure will save businesses approximately £1,100 annually, funded by a review of tax relief for other sectors.
3 min readTrust 42 · Craft 55 · Hype 15