High Street Shops Braced For April Business Tax Increases

YEOVIL, ENGLAND - FEBRUARY 02: People walk past shops and retailers in the town centre of Yeovil on February 2, 2017 in Somerset, England. Business rates which are based on the value of commercial property are set to increase for many retailers from April 1 2017, as the rateable values that are currently based on the last property assessment in 2010 which were based on 2008 figures, have risen considerably. Retail analysts are warning that this could be bad news for the traditional high street because as well as the rise in business rates, retailers are also dealing with a drop in the value of sterling and the introduction of the national living wage. (Photo by Matt Cardy/Getty Images)
YEOVIL, ENGLAND - FEBRUARY 02: People walk past shops and retailers in the town centre of Yeovil on February 2, 2017 in Somerset, England. Business rates which are based on the value of commercial property are set to increase for many retailers from April 1 2017, as the rateable values that are currently based on the last property assessment in 2010 which were based on 2008 figures, have risen considerably. Retail analysts are warning that this could be bad news for the traditional high street because as well as the rise in business rates, retailers are also dealing with a drop in the value of sterling and the introduction of the national living wage. (Photo by Matt Cardy/Getty Images)
High Street Shops Braced For April Business Tax Increases
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Matt Cardy / Stringer
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Getty Images News
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02 February, 2017
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