Many retailers will face rises in property rates as the first revaluation for five years takes effect from the 1st of April.As the property market changes in value, so too do their rates which are subsequently re-calculated. Some retailers may find there rates increased by up to 33.4 per cent. The increases come from the Valuation Office and are listed by billing authority.The small business rate relief scheme has been set up to help small business who incur extra rates costs.
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