Chancellor Philip Hammond set to announce business rates revamp

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Chancellor Philip Hammond could introduce measures to ease the burden of a business rates rise set to happen next April, a rates expert has told RN. Business rates are currently calculated using the Retail Price Index (RPI), but Mr Hammond may give in to long-term lobbying from businesses and choose a Consumer Price Index (CPI)-linked increase. Property agency Colliers International’s…

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By Jennifer Hardwick Avatar
By Jennifer Hardwick 08 Nov, 2017
 

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