Small Businesses: Business Rates
Commons · Question 113755 · 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 potential cumulative impact of (a) the proposed business rates revaluation in April 2026, (b) the removal of the 40 per cent relief for the retail, hospitality and leisure sector
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...