Business Rates
Commons · Question 36648 · Tabled 10 Mar 2025 · Treasury · Official record
Answered 18 Mar 2025
Question
Asked by Jim Shannon
To ask the Chancellor of the Exchequer, what assessment she has made of the impact of the level of business rates on businesses over the last five years.
Answer
Answered by James Murray, 18 Mar 2025
Business rates are devolved. In England, local authorities reported that the gross non-domestic rates income for 2023-24 was £33 billion.At Autumn Budget 2024, the Government announced that it intends to introduce permanently lower tax rates for RHL prope...