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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Business rates ‘double hit’ to cost English firms £2.5 billion next year

Businesses in England are to face an “unavoidable double hit” to their property tax payments next year, which will see total payments surge by about £2.5 billion, according to new figures.

Analysis from global tax firm Ryan indicated that inflation and a government tax change will combine to drive up business rates bills further.

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