Business rates budget statement
Autumn Statement 2023 business rates measures
At the Autumn Statement on 22 November 2023, the Chancellor announced that the Government would provide a package of measures to support businesses in England, worth an estimated £4.3 billion over the next five years.
For 2024/2025 the Chancellor announced:
- the small business multiplier will be frozen at 49.9p
- the standard multiplier will be uprated in April by September’s CPI figure (6.7%), increasing the multiplier from 51.2p to 54.6p
- the Retail, Hospitality and Leisure (RHL) scheme will be extended for a fifth year into 2024/2025, retaining the existing scope and providing eligible properties with 75% relief, up to a cap of £110,000 per business
Government will issue full details of the schemes which will have effect from 1 April 2024
Contacting Business Rates
Please note that calls from a mobile made to the number below will incur an additional charge from your service provider of up to 7p per minute. We apologise for any inconvenience this may cause. The council is currently working on providing an alternative number that charges at a local call rate.
Contact us - Business Rates
0845 300 5562
(Text phone users add 18001 before dialing)
South Oxfordshire District Council
PO Box 162
Erith
DA8 9DS
