Close to 13% of UK pubs saw the ratable value of their premises double in the latest valuation conducted by an independent agency.
Around 5,100 out of nearly 38,000 pubs in the country saw that value double in 2026, Jonathan Russell, chief executive officer at the Valuation Office Agency, the government body responsible for valuing properties, told Parliament’s Treasury Committee in a briefing Tuesday.
Business rates, a property tax levied on commercial premises, are calculated based on parameters including the property’s ratable value and a multiplier applied by the government.
The government has received backlash from the pub industry ...
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