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The most recent review of Business Rates concluded at Autumn Budget 2021. The review
reaffirmed the importance of business rates for raising revenue for essential local
services and announced a £7 billion package of measures including a new temporary
50 per cent relief for retail, hospitality, and leisure in 2022-23, freezing the multiplier
for another year, and extending schemes to support small businesses. Business rates
raise over £25 billion a year in England to fund vital local services. The Government
is not able to release the specific information requested due to contractual agreements
with data providers. The Government keeps all taxes under review. Any future decisions
regarding the tax system will be taken in line with the normal Budget process.
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