Business Rates Update – Reform And The 2023 Revaluation

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In their 2019 election manifesto the Conservatives promised a fundamental review of the system and to reduce the burden. This session will cover the outcome of the review, the significant new administrative burdens to be placed on businesses with analysis of the predicted impact of the next revaluation on 1 April 2023.

• The outcome of the fundamental review of business rates
• More frequent revaluations on their way, but accompanied by new reporting duties
• Why are businesses still dissatisfied and what do they seek?
• Labour party policy regarding business rates
• How will Rateable Values change at the 2023 revaluation?
• And how will these feed into changes in rates bills?

Jerry Schurder. Partner and Business Rates Policy Lead, Gerald Eve LLP