Business Rates Changes announced in Autumn Budget
The Government has announced a number of changes to Business Rates as part of the 2026 Budget which will take effect from 1 April 2027.
What is changing?
Small Busienss Rates Relief for retail, hospitality and leisure businesses
The Government has announced that the Small Business Rates Relief threshold for retail, hospitality and leisure properties will increase from £12,000 to £18,000 rateable value, with the taper increasing from £15,000 to £21,000 rateable value.
Additional support for pubs, music venues and social clubs
An extra 20% reduction in Business Rates will be available for eligible pubs, live music venues and social clubs.
Business Rates frozen for retail, hospitality and leisure businesses
The Government has announced that, for other eligible retail, hospitality and leisure properties, Business Rates will be frozen in real terms for two years, meaning bills will not increase above inflation.
Supporting Small Business Relief extended
The Supporting Small Business (SSB) scheme for businesses who were eligible for the 2023 Supporting Small Business Relief scheme will continue for a further year until 31 March 2028, providing protection for businesses facing significant increases in their rates liability. The 2026 Supporting Small Business Relief scheme will continue until 31 March 2029.
Changes for vape shops and adult gaming centres
From April 2027, vape shops and adult gaming centres will no longer qualify for Retail, Hospitality and Leisure support measures. Vape shops will also become ineligible for Small Business Rates Relief.
What do I need to do?
You do not need to take any action at this time.
Winchester City Council is awaiting detailed guidance from the Government and will automatically apply any reliefs or discounts where legislation permits.
Further information
We will update this page as soon as further guidance and regulations are published by the Government.
If you are a Business Rates payer and would like to receive updates, please continue to check this page for the latest information.