Small Businesses: Finance
Commons · Question 37181 · Tabled 11 Mar 2025 · Department for Business and Trade · Official record
Answered 19 Mar 2025
Question
Asked by Wendy Morton
To ask the Secretary of State for Business and Trade, what steps are being considered to reduce financial burdens on small and independent high street businesses.
Answer
Answered by Gareth Thomas, 19 Mar 2025
This government is committed to creating a fairer business rates system for small businesses on the high street. From 2026-27, we will introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values of less...