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Budget 2018: Small retailers to receive a cut in business rates

Budget 2018: Small retailers to receive a cut in business rates

Yesterday’s budget delivered some welcome news for independent Podiatrists with small practices, with an announcement that the chancellor is to cut business rate bills for small retailers by around a third.

The measure, which will cost £900m, will benefit all retailers in England with a rateable value of £51,000 and under.

The College of Podiatry welcomes this positive news for podiatrists across the UK who have smaller practices.

Debbie Delves, independent practitioner from Dulwich and former Chair of The College of Podiatry commented:

'This is great news for thousands of hard-working podiatrists, who have been experiencing high business rates for far too long.

Many people rely on the expert care which they receive from their local podiatrist. Independent podiatry practices play a critical role in supporting the foot health of their local population.

This announcement will allow podiatrists to spend more time and energy focusing on what really matters to them, which is caring for their patients and supporting them to live full, healthy and active lifestyles.'

Elsewhere in the budget whilst the reduction of income tax may benefit NHS workers, it is disappointing that the opportunity to provide additional funding for the much needed apprenticeship programme has been missed. The College of Podiatry also welcomes the increase in mental health funding but there is still an urgent need for an increase in essential public health funding. 

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