Retail Trade: Business Rates
Commons · Question 40772 · Tabled 24 Mar 2025 · Treasury · Official record
Answered 1 Apr 2025
Question
Asked by Joe Robertson
To ask the Chancellor of the Exchequer, what estimate she has made of the number of shops with increased business rates under proposed reforms to that system.
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...