Agriculture: Business Rates
Commons · Question 11937 · Tabled 30 Oct 2024 · Treasury · Official record
Answered 6 Nov 2024
Question
Asked by David Simmonds
To ask the Chancellor of the Exchequer, what data the Valuation Office Agency holds on the rateable value of (a) farms and (b) farmland.
Answer
Answered by James Murray, 6 Nov 2024
Farms and farmland, if used by the occupier for agricultural purposes, are exempt from non-domestic rating under Schedule 5 to the Local Government Finance Act 1988. Consequently, agricultural land and buildings are not included in rating lists and no rat...