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flag London’s Christmas sites face steep tax hikes from 2026 due to new valuation rules, despite relief measures.

flag London’s Christmas attractions, including Hyde Park Winter Wonderland and Hamleys, face major property tax increases starting April 2026 due to updated valuations under the UK’s new business rates system. flag Winter Wonderland’s rateable value is set to rise 275% to £3.75 million, increasing its annual bill to £721,500. flag Other seasonal sites like Lapland UK and Camden Stables Market also face steep hikes, while Hamleys’ Regent Street store faces a £449,550 tax increase. flag These changes stem from revised valuations reflecting higher income indicators, despite a £3.2 billion transitional relief scheme limiting annual rises. flag Some retailers, like Waterstones in Piccadilly, will see bills drop by 45%. flag Experts raise concerns about how temporary, seasonal operations are assessed under the new system.

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