The business rates overhaul expected in the Budget would spare about 75,000 properties from paying the tax, LBC reports. It says the change would be rolled out first in England.
LBC's breakdown counts 40,000 shops, more than 2,500 pubs, 2,000 salons, 1,600 cafes and 1,600 village halls. Those categories add up to about 47,700, and LBC does not say what makes up the rest of the 75,000. It does not name the source of its figures.
LBC does not say whether this is the rise in the threshold from £12,000 to £18,000 of rateable value reported by the Sunday Times. That change would exempt properties below the threshold rather than whole sectors such as pubs or cafes.
LBC reports the lost revenue would be raised through higher tax on online retail companies. The Times reports that online marketplaces would collect VAT for sellers with turnover over £90,000, raising up to £1bn.
LBC says the Prime Minister, Andy Burnham, has floated eventually raising the threshold to £21,000. It says he pledged "breathing room" for small businesses and pubs earlier this summer.
The Treasury has not confirmed the reports. The Chancellor, John Healey, delivers the Budget to the Commons on Wednesday 28 October.