Small Businesses: Business Rates
Commons · Question 113751 · Tabled 20 Feb 2026 · Treasury · Official record
Answered 26 Feb 2026
Question
Asked by Mary Glindon
To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the ability of small businesses such as bakeries, cafés and hairdressers to manage changes in business rates alongside other cost pressures.
Answer
Answered by Dan Tomlinson, 26 Feb 2026
At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.To respon...