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BUSINESS RATES

Burnham's small business rates plan could cost £880m a year

Andy Burnham’s proposed rates reforms could help cut business rates for over 100,000 small businesses but could cost £880m a year, new analysis suggests.

(c) Towfiqu barbhuiya/Unsplash

Andy Burnham's proposed rates reforms could help cut business rates for over 100,000 small businesses but could cost £880m a year, new analysis suggests.

Burnham, who will likely be the next Prime Minister, has promised to reform business rates to help high streets, insisting there's scope for ‘room for movement on tax' while sticking to Labour's fiscal rules.

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