On Wednesday 30th October, the Chancellor announced far-reaching changes to the National Minimum Wage, NICs contributions, and reduced the Business Rates relief from 75% to 40%. Since then, our sector has been analysing the impact these changes will have on pub businesses across the UK.
The BII needs to know what impact you think the Autumn Budget will have on your business, so they can take that data straight to Government. BII CEO, Steve Alton, joined a meeting with the Secretary of State for Business and Trade, Johnathon Reynolds, this week, and spoke frankly about the huge challenges the increases in tax and liabilities for our sector will mean. The more evidence available to share with Government, the better.