Business Rates: Tax Allowances
Commons · Question 24513 · Tabled 16 Jan 2025 · Treasury · Official record
Answered 22 Jan 2025
Question
Asked by David Simmonds
To ask the Chancellor of the Exchequer, pursuant to the Answer of 27 November 2024 to Question 14995 on Business Rates: Tax Allowances, if she will publish a breakdown of the £1.6 billion.
Answer
Answered by James Murray, 22 Jan 2025
Autumn Budget 2024 announced the extension of Retail, Hospitality and Leisure (RHL) relief for one year at 40 per cent up to a cash cap of £110,000 per business, and the freezing of the small business multiplier for 2025-26. This is a package worth over £...