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Nigel TAYLOR Published
October 19,电报盗号系统技术破解技术 2025
A major rise in UK business rates expected next spring has been labelled “unsustainable” by a key investment management group.
John Webber, Head of Business Rates at Colliers, said unless the government steps in and intervenes, a total rise in business rates of around £1.74 billion next April, to around £27.74 billion, is an “unsustainable rise to all sectors of the economy” but also noting it “could have a deep impact on retail businesses in the high street”.
Rates bills rise in line with inflation and are based on the CPI figure for the previous September. With the latest CPI figures announced at 6.7%, the total take from this tax will rise from around £26 billion in 2025/4 to £27.74 billion 2025/5 from next April.
“This is unless the government steps in and freezes the business rates multiplier as chancellor Jeremy Hunt did for the current tax year”, said Webber, keeping it at 51.2p for every £1 of a commercial property's rateable value, and 49.9p for small businesses.
Without government intervention, he points out, all sectors will be penalised “by this unsustainable tax”.
That means the retail sector pays around 21% of the total business rates tax bill and will see its rates bills rise by around £366 million in April. “The sector will be hit even harder as business rates reliefs come to an end at the same time”, he noted.
Meanwhile, the logistics/manufacturing sector also pays a hefty 26% of the total business rates tax bill and has seen steep rises in its rates bills this year already, as a result of a ‘2025 Revaluation’.
Colliers estimates the sector will see its rates bills rise by around another £453 million in April. Combined with the revaluation increases, it estimates the Amazon London distribution park in Tilbury, for example will see its rates bill rise from around £4.7 million in 2025 to £6.75 million from April 2025 “unless something is announced”.
Webber added: “It is desperately disappointing that at neither the Conservative nor the Labour party conferences was there any real mention of what to do on the business rates question. With rises of over £1.74 billion looming next year, we are fearing a “head in the sands” approach yet again by both parties. This clearly needs to change — and soon.”