UK Launches Review of Hotel Business Rates System
HM Treasury has appointed expert Jerry Schurder to lead an independent review into how hotel and pub business rates are calculated in England and Wales. The findings will shape valuation methodology changes ahead of the 2029 revaluation cycle.
Key Takeaways
- 1Independent review to overhaul hotel and pub business rates calculations in England and Wales.
- 2Call for evidence is open to hoteliers and industry stakeholders until October 16, 2026.
- 3Final recommendations will be submitted by March 2027 to take effect in the 2029 revaluation.
Source: Boutique Hotel News
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