A review has been launched into how business rates are calculated for pubs and hotels in England and Wales, raising the possibility of changes to the current system.
The review focuses on the method used to determine rates for businesses in the pub and hotel sectors. Its findings could lead to reforms affecting how those bills are assessed in future.
The process applies to England and Wales, where pubs and hotels are among the businesses covered by the rates system. The supplied information does not set out the timetable for the review, the precise reforms being considered or when conclusions may be published.
Any change to the calculation method would be significant for businesses in the hospitality sector, as it could affect how their rates liabilities are determined. However, no specific outcomes have yet been confirmed.
The latest known position is that the review has been launched and may lead to reform of the system used to calculate business rates for pubs and hotels in England and Wales.