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Expert Opinion

Business rates reform: A missed opportunity without bold action

A review of the key measures the government has under consideration
Alex Probyn. (Ryan)
Alex Probyn. (Ryan)
By Alex Probyn
Ryan
June 24, 2025 | 6:00 AM

Back in 2021, the Labour Party, while in opposition, pledged to scrap business rates altogether, branding its proposals “the biggest overhaul of business taxation in a generation". Their argument was simple: the current property tax system punishes entrepreneurs and stifles investment.

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