These reforms aim to address the long-standing imbalance that has penalised ‘traditional businesses’, especially those on the high street, while giving a comparative advantage to large online retailers and warehouses.

From April 2026, the Government will introduce two lower multipliers for retail, hospitality, and leisure (RHL) properties with rateable values under £500,000. Larger properties above that threshold will face a higher multiplier — shifting more of the tax burden to big warehouses.

These changes are designed to provide long-term relief for smaller, high street businesses like the majority of Stratford based businesses. For many local businesses these changes might mean lower bills and a fairer system.

We will continue to stay informed about the upcoming reform and share with you the latest news and details, with the hope that lower business rates bills will provide much needed relief to many.