Private Education: Business Rates
Lords · Question HL6567 · Tabled 3 Apr 2025 · Treasury · Official record
Answered 10 Apr 2025
Question
Asked by Baroness Pinnock
To ask His Majesty's Government, further to the remarks by Lord Khan of Burnley on 1 April (HL Deb col 134) that clause 3 of the Non-Domestic Ratings (Multipliers and Private Schools) Bill provides powers to "exclude classes of hereditament from the highe
Answer
Answered by Lord Livermore, 10 Apr 2025
To deliver our manifesto pledge, we intend to introduce permanently lower tax rates for high street retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000, from 2026-27. This tax cut must be sustainably funded, and so we in...