23 September 2025
SHW - Business Rates Are Changing...
Business Rates, Business Space, Commercial, Industry News, SHW News
...And it could reshape the way UK businesses invest and grow.
The Government’s Interim Report on Business Rates reform highlights what thousands of businesses have been saying for years: the current system can hold back investment, expansion, and the future of our high streets.
What’s on the table?
✨ A shift from a ‘slab’ to ‘slice’ system – so rates work more like income tax, removing some of the cliff edges that penalise growth.
✨ Stronger Small Business Rates Relief to help ambitious firms scale without fear of sudden tax jumps.
✨ A rethink on Improvement Relief so investment in properties is truly rewarded.
✨ Tackling uncertainty in valuations to give businesses more stability when planning for the future.
✨ Modernising administration by bringing the VOA into HMRC – cutting complexity and speeding up reform.
Luke Longley, Director at SHW, says: “The big picture? This isn’t the final word – the real decisions will land at the Autumn Budget 2025. But the direction is clear: a business rates system that works with growth and entrepreneurship, not against it.”
Read the full report here: https://lnkd.in/eH9Xq-Dj
