Small Businesses: Government Assistance
Commons · Question 46275 · Tabled 17 Apr 2025 · Treasury · Official record
Answered 29 Apr 2025
Question
Asked by Martin Wrigley
To ask the Chancellor of the Exchequer, what fiscal steps she plans to take to support small businesses with (a) energy prices, (b) inflation and (c) business rates.
Answer
Answered by James Murray, 29 Apr 2025
At Autumn Budget the Government announced it was freezing the small businesses multiplier for 2025-26, and extending the retail, hospitality and leisure (RHL) business rates relief for 1-year at 40% (up to a cash cap of £110,000 per business). This means ...