Acknowledging widespread concern about the revaluation of business rates from April, the Chancellor announced measures including a £1,000 discount on business rates for all pubs with a ratable value of less than a £100,000, which he said would support around 90 per cent of them.
Any business coming out of small business rate relief would also benefit from a cap that would mean that their rates will not rise by more than £50 a month, he said in the Spring Budget today.
The National Day Nurseries Association, which is campaigning for nurseries to receive full rates relief due to the 'social good' they provide through early education for children and supporting parents to work, said it was ‘extremely disappointed’ that nurseries had been ignored.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here