Schools: Business Rates
Commons · Question 111101 · Tabled 5 Feb 2026 · Treasury · Official record
Answered 12 Feb 2026
Question
Asked by Damian Hinds
To ask the Chancellor of the Exchequer, pursuant to the Answer of 27 January 2026 to Question 102744 on Hospitality Industry and Retail Trade: Business Rates, what estimate she has made for the total business rates liability for the current set of propert
Answer
Answered by Dan Tomlinson, 12 Feb 2026
The Valuation Office Agency is responsible for assessing non-domestic properties and determining their rateable value (RV). Local authorities are responsible for calculating business rates bills using the RV, the multiplier set by parliament, and any appr...