Rating Bulletin Q3 2025

In this month’s edition we will be discussing the Revaluation of all commercial properties on 1 April 2026, Empty Rates and the Governments response to a Discussion Paper on the future of the Business Rates system.

Our observations on the future of the Business Rates system

  • There is no commitment to any bold reforms, but it sets out key areas that it will focus on for future business rates reform.
  • Their aims are to put in place measures that remove barriers to investment and provide certainty.
  • There continues to be a myriad of reliefs and exemptions which we believe should be considered and reformed.
  • The Government has avoided tacking empty rates and one must wonder whether it is content to leave the status quo, or whether it will introduce some anti-avoidance legislation at a later date.

“Several round table discussions have taken place, and the Government received written representations. Cluttons took part in the process and will continue to give our view and support our clients through this time of change.”
Gareth Buckley, Head of Business Rates.

Contact

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Gareth Buckley

Joint head of commercial sector & National head of rating

T +44 (0) 7891 810253
Gareth Buckley, Cluttons

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