US EditionTreasury offices to receive business rates cut as pubs face jump in bills
- The Treasury's offices will see a business rates reduction, with an annual bill drop of £288,180 for the 2026/27 financial year, according to tax firm Ryan.
- British pubs will face a 32% rise in rates bills due to increased rateable values, as reported by the VOA.
- The Government confirmed the end of a 40% discount for the hospitality sector starting in April, despite plans for transition relief until April 2029.
- Industry bosses have warned of potential closures and job losses due to tax changes, prompting the Government to consider additional financial support for pubs.
11 Articles
11 Articles
One policy U-turn after another and this latest one is getting weary for publicans facing a cocktail of tax
It is hard to keep track of the number of U-turns performed by the current government. The latest came last week on plans to increase business rates paid by pubs, right as we were preparing to go to press on an article about the subject. After facing criticism over its plans to axe a discount […]
According to the budget released by the British government at the end of November last year, the business rate relief provided by the government to small shops, restaurants and pubs will end in April this year, which will lead to a significant increase in business rates and a substantial increase in costs for these businesses.
Welsh hospitality sector faces £122m business rates increase
Welsh hospitality businesses face a £122m increase in business rates over the next three years following the latest Welsh Budget (20 January), according to analysis by UKHospitality Cymru. The trade body has warned that the sector’s tax bill will rise by 63% during this period, and believes that this increase will accelerate the decline of high streets. The rise is driven by the removal of current relief and the exclusion of hospitality from w…
Business briefing: UKHospitality, SBPA, Young’s, The Can Makers, and more…
Hopsitality businesses in Wales will be hit by a £122m rise in business rates over the next three years, says UKHospitality. The calculation comes after the Welsh Budget was revealed. The trade body predicts that, when compared with the current financial year, the sector’s business rates bill will increase by £29.4m in 2026-27, £40.1m the year after, and £52.6m the year after that. It says the increases will be driven by the removal of current b…
Wetherspoon boss issues grim warning about why many more pubs could close
Chancellor Rachel Reeves is poised to finally announce a new package of measures to tackle soaring business rates for pubs – but critics say more is needed The founder of pub giant Wetherspoons has warned a tax divide with supermarkets would remain a huge challenge for inns – as Rachel Reeves prepares to reveal separate help. The Chancellor is poised to unveiled a package of relief for pubs, thought to be worth about £300million, to help the sec…
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