Retail Trade: Business Rates
Commons · Question 102998 · Tabled 5 Jan 2026 · Treasury · Official record
Answered 13 Jan 2026
Question
Asked by Rupert Lowe
To ask the Chancellor of the Exchequer, what discussions she has had with the Secretary of State for Housing, Communities and Local Government on the potential impacts of the April revaluation on town centres.
Answer
Answered by Dan Tomlinson, 13 Jan 2026
The amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...