Shops, restaurants and pubs across the region are set to see a reduction in their business rates bills this year. Companies in the north west which pay business rates will see their bills fall by around 3.2 pc on average from April 1.
Businesses across England will start receiving letters this month from local councils with details of new rates which are changing as a result of a national revaluation. It comes after the government announced a £13.6bn package aimed at making the tax burden on business fairer in the autumn statement.
Retail, hospitality and leisure businesses will see a drop in their bills, while large distribution warehouses will pay 27 pc more to reflect the growth of the online sales sector. This means that the total amount of money collected in places like Manchester will increase, but the average bill for each business will fall.
