Retail Trade: Business Rates
Commons · Question 99156 · Tabled 11 Dec 2025 · Treasury · Official record
Answered 19 Dec 2025
Question
Asked by Damian Hinds
To ask the Chancellor of the Exchequer, what estimate she has made of the proportion of premises that will be subject to higher-multiple business rates which are solely or primarily classed within Standard Industrial Classification code (a) 47910, (b) 479
Answer
Answered by Dan Tomlinson, 19 Dec 2025
We are delivering a long overdue reform to rebalance the business rates system and support the high street, as promised in our manifesto. We are doing this by introducing new permanently lower tax rates for eligible retail, hospitality and leisure propert...