Small Businesses: Business Rates
Commons · Question 113756 · Tabled 20 Feb 2026 · Treasury · Official record
Answered 26 Feb 2026
Question
Asked by Mary Glindon
To ask the Chancellor of the Exchequer, what modelling her Department has undertaken on the potential impact of proposed business rates changes on the level of small business closures and employment levels.
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...