As your partner, we are committed to supporting the growth of your business. Of course, we are working to help you with the challenges and opportunities around food delivery, but we are also working to support you beyond our platform. Business rates are a challenge facing restaurants across the UK. A major issue for small restaurants in particular is the complex appeals process, which requires onerous information gathering to query rates charged. Through restaurant perks, one of the services we offer to all restaurants is free advice about business rates and rebates through business rates specialists Gerald Eve. In addition to this support, we are now calling on the Government to simplify the business rates to help restaurants on the high street struggling with rising bills, after uncovering that tens of thousands of restaurants are facing above-inflation rises.
We recently worked with Gerald Eve to do new research in this area and help us work to bring about change:
- 41,000 restaurants across England will hand over £1.5 billion in business rates in just two years.
- Nearly half of all restaurants saw their rates rise above inflation in 2018.
- Around 65% of restaurants facing inflation-busting rises are independent or small sites.
- Rates for some restaurants have risen by as much as 36% this year.
We have shared these findings with the Government and are campaigning for action to be taken to protect our sector. We are here to support your business and by working together we help each other grow.