Business Rates: Tax Allowances
Commons · Question 113750 · Tabled 20 Feb 2026 · Treasury · Official record
Answered 27 Feb 2026
Question
Asked by Mary Glindon
To ask the Chancellor of the Exchequer, whether her Department has considered the potential merits of applying full business rates relief already provided for within the business rates system across eligible sectors.
Answer
Answered by Dan Tomlinson, 27 Feb 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...