West End Firms Braced for 100% Rise in Local Tax

Summary


SHOPS, restaurants and other businesses in prime London areas could see tax rates almost double this year, Westminster council is warning.

Analysts say the move punishes successful firms and threatens to undermine the City's economic recovery.

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Extract


West End Firms Braced for 100% Rise in Local Tax

Business rates for some firms in the West End, Mayfair and Paddington are likely to rise by up to 100 per cent - a tax...

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