Wholesale Trade: Business Premises
Commons · Question 31840 · Tabled 21 Feb 2025 · Treasury · Official record
Answered 28 Feb 2025
Question
Asked by Martin Vickers
To ask the Chancellor of the Exchequer, what assessment she has made of the potential financial impact of the classification of wholesale premises as online retail warehouses on the food and drink wholesale sector; and what steps she is taking to reduce t
Answer
Answered by James Murray, 28 Feb 2025
As set out at Autumn Budget 2024, the Government intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, including those on the high street, from 2026-27. This permanent tax cut will ensure that they benefit...