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The Independent UK
The Independent UK
National
Henry Saker-Clark

Airports set for bumper business rates amid £1.4bn tax rise

PA Wire

Airports, power stations and business headquarters are set to be hit hardest by property tax changes when new valuations come into force next week, according to research.

Revenues from business rates – the property tax on commercial buildings – are expected to rise by £1.4 billion, or 4.9%, to £29.9 billion when the changes take effect from Saturday April 1.

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