Retail Trade: Business Rates
Commons · Question 40771 · Tabled 24 Mar 2025 · Treasury · Official record
Answered 1 Apr 2025
Question
Asked by Joe Robertson
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed higher business rates multiplier on larger stores.
Answer
Answered by James Murray, 1 Apr 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...