Hospitality Venues face closure if rates relief ends
The Guardian|October 28, 2024
Pubs and restaurants are warning of closures and a tough Christmas ahead if Rachel Reeves's budget this week raises taxes and ends a Covid-era relief on business rates.
Jasper Jolly

Businesses across the economy are bracing for higher taxes, which could dent consumer spending.

However, hospitality firms are particularly worried because of the scheduled end next spring of the business rates relief, which could mean the tax bills charged on their properties will quadruple. Rates relief was introduced in 2020 for pubs, restaurants, bars and cafes when the government ordered all hospitality to close during the pandemic.

هذه القصة مأخوذة من طبعة October 28, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 28, 2024 من The Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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