UK: Interim report on Business Rates system
Outlines priority areas for further exploration
HM Treasury (HMT) on September 11, 2025, published its interim report on Business Rates reform, following the Transforming Business Rates Discussion paper. The report explores stakeholder and HMT responses to the consultation and outlines priority areas for further exploration in the Business Rates system.
Read a September 2025 report prepared by the KPMG member firm in the UK that outlines the key themes discussed in the interim report:
- Tax rate and structure
- Review of Business Rates reliefs
- The receipts and expenditure (R&E) methodology
- Uncertainty
- Timelines and next steps