Business Rates: Tax Yields
Commons · Question 14179 · Tabled 13 Nov 2024 · Treasury · Official record
Answered 22 Nov 2024
Question
Asked by David Simmonds
To ask the Chancellor of the Exchequer, pursuant to the Answer of 6 November 2024 to Questions 11930 and 11931 on Business Rates: Tax Yields, whether the real terms monetary value of the tax reduction from the new Retail, Hospitality and Leisure multiplie
Answer
Answered by James Murray, 22 Nov 2024
The existing retail, hospitality, and leisure (RHL) relief has been repeatedly extended year-by-year as a temporary stopgap measure. The Government recognises that this creates cliff-edges and uncertainty for businesses, as well as significant fiscal pres...