Small Businesses: Business Rates
Commons · Question 113758 · Tabled 20 Feb 2026 · Treasury · Official record
Answered 27 Feb 2026
Question
Asked by Mary Glindon
To ask the Chancellor of the Exchequer, what estimate she has made of the average percentage change in business rates liabilities for small businesses such as bakeries, cafés, hotels and dry cleaners between 2026 and 2029.
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...