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Autumn Statement 2023 business rates measures


As part of the Autumn Statement on 22nd November 2023 the Government announced several support packages for Businesses.

  • Retail, Leisure and Hospitality sector - The Government announced that the 75% Business Rates Relief Scheme will continue for 2024/25. This will be subject to a cap of £110,000 per business.


  • Business Rates Multiplier – The Government announced that the Business Rates Multiplier for RV’s below £51,000 will remain frozen at £0.499 in 2024/2025 and that the poundage for RV’s above £51,000 will increase by inflation to £0.546 (a 6.7% increase).


We have attached a link below which provides more detail



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