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April business rates reset will usher in £3.4 billion tax lift

Liabilities reset for 2.39 million commercial properties
Shot of St Paul's Cathedral taken from One Exchange at St Paul's (Amelia Cauwenbergh/CoStar)
Shot of St Paul's Cathedral taken from One Exchange at St Paul's (Amelia Cauwenbergh/CoStar)
CoStar News
March 31, 2026 | 1:46 P.M.

A new business rate cycle comes into effect tomorrow (1 April) across England, Scotland and Wales, the first revaluation to take place under the new three-yearly cycle.

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      Professional, Scientific, and Technical Services

News | April business rates reset will usher in £3.4 billion tax lift