BIZARRE: Burnhams ps880 million plan to save high street shops - What They Never Told You

• Andy Burnham 's plan to overhaul business rates for small high street firms could cost approximately £880 million annually.
• The proposal aims to fund this by imposing higher property taxes on large warehouses, specifically targeting online retailers such as Amazon .
• Analysis suggests the policy could exempt over 140,000 additional small premises from paying business rates entirely.
• This would involve increasing the threshold for 100 per cent small business rates relief from £12,000 to £18,000, and extending tapered relief up to £21,000.
• An expert from global tax firm Ryan raised concerns about how the plan would be funded, questioning if larger commercial properties would be asked to contribute even more.

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