Following the prime minister’s announcement in July to cut business rates for pubs, clubs, and live music venues by 20%, the Treasury has launched a seven-week initial review of the business rates valuations for pubs and hotels only.

The 45-page call for evidence stated the review ‘seeks to outline the approach, evidence and methodology the Valuation Office uses to value pubs and hotels, and invite comments and suggestions from industry, pub and hotel operators, valuers and other stakeholders.’

Business rates expert Jerry Schurder has been appointed by the Treasury as independent reviewer to head up the review and his findings will shape the next business rates valuation due in 2029, but this is not a full-blown consultation. Basically the sector is being asked to email their views to the Treasury, with response required by 16 October.