£1,000 bonus for pubs in Spring Budget 2017

Negotiating an MRO - Pubs Code 2016 There’s some much-needed good news for pubs in today’s Spring Budget with a promised discount of £1,000 off business rates for pubs with a rateable value of less than £100,000; that’s around 90% of all pubs.

Many in the pub industry had been expecting a rise in business rates that, for some, could have threatened their very survival, so there is huge relief that the Chancellor has, in fact, announced a £435 million package of measures to help ease the impact of business rates for pubs and small businesses.

Mr Hammond said the move ‘recognises the valuable role that pubs play in our communities’.

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Kate Truman2017-11-24T12:15:26+00:00Pubs|

About the Author: Kate Truman

Kate Truman, Solicitor (Non-practising): Business Sector Research and Marketing at Truelegal Solicitors: Kate qualified as a solicitor over 25 years ago specialising in intellectual property and technology businesses. No longer practising as a solicitor, she now applies her legal research and writing skills to keep Truelegal’s team and clients updated with the latest know-how across our specialist business sectors. If you have a particular question relating to your sector, get in touch and we’ll get Kate on the case.