Business Rates: Rural Areas
Commons · Question 907670 · Tabled 29 Jan 2026 · Treasury · Official record
Answered 5 Feb 2026
Question
Asked by Katie Lam
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of business rate increases on the rural economy.
Answer
Answered by Dan Tomlinson, 5 Feb 2026
At the Budget, the VOA announced updated property values from the 2026 revaluation. This has led to increases in rateable values for some properties, as current values are based on pandemic-era valuations in recognition of the impact of the revaluation on...