Retail Trade: Business Rates
Commons · Question 103000 · Tabled 5 Jan 2026 · Treasury · Official record
Answered 12 Jan 2026
Question
Asked by Rupert Lowe
To ask the Chancellor of the Exchequer, what assessment has been made of the long-term sustainability of the current business rates model for high street businesses.
Answer
Answered by Dan Tomlinson, 12 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...