Rates revenue shoots up

By Michael Burton | 19 November 2021

Business rates revenue shot up by more than 40% last month compared to the previous year as the economy improved, according to latest figures from the Office for National Statistics (ONS).

Business rates brought in £2.1bn in October compared to £1.5bn in October 2020.

For the full year 2020-21 business rates revenue is expected to hit £12.8bn - a 25% increase over the previous year.

Want full article access?

Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.


Already a subscriber? Login

Finance Business rates Economic growth Debt

Coronavirus Update


In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at customer@hgluk.com
Read The MJ for free

Keep up to date by subscribing to our daily newsletter

theMJ products