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Owners reeling at huge increases to business rates

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Nurseries across the country have reacted with shock and anger to huge rises in business rates due to come into effect next April.

Nurseries across the country have reacted with shock and anger to huge rises in business rates due to come into effect next April.

The recent publication of new rateable values, which are used to determine business rates, shows that there will be dramatic increases for businesses in many parts of the country.

The Valuation Office Agency is supposed to revalue non-domestic properties in England and Wales every five years, and the large rises are partly due to the Government’s controversial decision to put this on hold two years ago.

Nurseries are bracing themselves for hikes – some could see their business rates double.

The Government is putting up the rates, which are collected by local authorities, for the first time since 2010.

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