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<p>With the conclusion of the business rates review, the Government has delivered
meaningful reform and cuts worth £7 billion to business over the next five years.</p><p>
</p><p>The review has implemented significant new measures to reduce the burden of
business rates on firms, including a freeze in the multiplier and further relief for
high street businesses during 2022-23, new support for green technology from 2022,
and improvement relief from 2023. The Government is committing to more frequent revaluations,
which represents significant reform of the system and will ensure that liabilities
are more responsive to changing market conditions. This addresses a key ask of stakeholders
for more frequent revaluations, reducing the burden of business rates to make the
system fairer.</p>
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