Business Rates
Commons · Question 68798 · Tabled 17 Jul 2025 · Treasury · Official record
Answered 24 Jul 2025
Question
Asked by Sarah Olney
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the planned higher multiplier for properties with rateable values above £500,000, broken down by business sector.
Answer
Answered by James Murray, 24 Jul 2025
At Autumn Budget 2024, the Government published a Discussion Paper setting out priority areas for business rates reform and invited industry to co-design a fairer business rates system. In summer, the Government will publish an interim report that sets ou...