HM Treasury fundamental review of business rates

The government committed to conduct a fundamental review of business rates and published the terms of reference for the review at the Spring Budget.

This consultation seeks views on a package of reforms to support the delivery of a 3-yearly revaluations cycle. This is one element of the overall Fundamental Review where the government is seeking further input from stakeholders – updates on the others areas within scope of the review will be provided at the review’s conclusion.

A final report of the Fundamental Review will be published in Autumn 2021.