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Evening Standard
Evening Standard
Business
Joanna Hodgson

Small firms welcome support for "worst" tax business rates, but less benefits for larger firms

The Chancellor has used his Autumn statement to address business rates support, outlining measures that will help a raft of small companies but that will have limited benefits to a number of medium to larger firms according to property experts.

The government during and in the aftermath of the pandemic offered a range of help around business rates, which are are charged on most non-domestic properties, like shops, pubs, warehouses and offices. Jeremy Hunt today said: "It is not possible to continue with temporary support measures forever."

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