Business Rates Relief 2025 Update. Read the latest news on budget 2025 with our live coverage, featuring insights on income tax slabs, stock market impact, and the budget 2025 speech. Chancellor rachel reeves has announced a 40% relief on business rates for the retail, hospitality and leisure industry in 2025/26, up to a cap of £110,000 per business.

For 2025/26, eligible retail, hospitality and leisure (rhl) properties in england will receive 40% relief on their business rates liability. Draft legislation has today been published to, for the first time, permanently cut business rates for retail hospitality and leisure properties from 2026.