Business
Hospitality business rates to hit £914m, UKH warns
It stated that business rates already make up around 5% of business turnover in the sector and, without action, a large pub or restaurant could face a £33,500 increase in its rates
September’s CPI inflation data will cause an additional £48m increase to business rates meaning the overall bill, set for April, will likely hit £914m, according to UKHospitality.
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