Business Rates: Tax Allowances
Commons · Question 95329 · Tabled 27 Nov 2025 · Treasury · Official record
Answered 5 Dec 2025
Question
Asked by David Simmonds
To ask the Chancellor of the Exchequer, with reference paragraph 4.28 of the Autumn Budget 2025, HC1492, published on 26 November 2025, how many hereditaments will pay the business rate transitional supplement in 2026-27; what estimate she has made of the
Answer
Answered by Dan Tomlinson, 5 Dec 2025
At Budget 2025, the Government announced updated property values independently assessed by the Valuation Office. Revaluations ensure that the rateable values (RVs) of properties are updated in line with market changes, and that the tax rates adjust to ref...