Further Education: Business Rates
Commons · Question 104727 · Tabled 12 Jan 2026 · Treasury · Official record
Answered 20 Jan 2026
Question
Asked by Damian Hinds
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of (a) business rates revaluation and (b) the new multiplier bands from April 2026 on Further Education colleges.
Answer
Answered by Dan Tomlinson, 20 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...