Feb 25, 2021

Budget 2021: 'If I have to pay £13,000, it will destroy my shop'

Tabi hasn't had to pay business rates since the start of the pandemic. Before the pandemic more than half of Papilio's profits - around £13,000 - went to pay business rates. "We're not saying we shouldn't be paying business rates ever," she says. Some have argued for an online sales tax, others for lower business rates on the High Street but higher rates for big warehouses and fulfilment centres. "A Treasury spokesperson said:"We want to see thriving high streets, which is why we've spent tens of billions of pounds supporting shops, restaurants and cafes throughout the pandemic, including over £10bn worth of business rates relief.

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