Entrepreneurs face biggest business rated change in a generation

The first revaluation since 2010 is likely to create winners and sore losers. Entrepreneurs across the UK are finding out on Friday about the impact of the biggest change to business rates in a generation.

Many London-based businesses are facing sharp rate rises, although firms in the Midlands and the north are largely unaffected or are seeing a reduction.

The changes, which are due to come into force in April 2017, include an increase in rates relief to £12,000, But crucially, the Valuation Office Agency has performed a revaluation of rentable values and this means the changes will be unevenly spread.

Read more: www.theguardian.com/small-business-network/2016/sep/30/entrepreneurs-biggest-business-rates-change-generation-london?CMP=ema-1705&CMP=


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