Consultation outcome - HM Treasury fundamental review of business rates

Business Rates Review: Final Report

Ref: ISBN 978-1-911686-25-5 , 3156PDF, 446KB, 26 pages

Detail of outcome

The government committed to conduct a review of business rates and published the terms of reference for the review at Spring Budget 2020. This was followed by publication of an Interim Report in March 2021 and a further consultation, on delivering more frequent revaluations, in July 2021.

The report sets out the government’s conclusion of its review of the business rates system, the changes the government will pursue and a broad timeline for implementation of those changes.

Where necessary, further technical consultation will follow in due course.