Burnham high street tax plan ‘could cost £880m a year’
Andy Burnham’s plan to overhaul business rates in favour of small high street firms could cost around £880m a year, according to new analysis.
The proposals would lift more than 140,000 additional small premises out of business rates altogether, forecasts from global tax firm Ryan suggest.
Burnham has proposed increasing the threshold for 100 per cent small business rates relief in England by 50 per cent, from a rateable value of £12,000 to £18,000.
The upper threshold fo
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