Further Education: Business Rates
Commons · Question 116733 · Tabled 2 Mar 2026 · Treasury · Official record
Answered 10 Mar 2026
Question
Asked by Damian Hinds
To ask the Chancellor of the Exchequer, what estimate she has made of the change in business rates liability for the further education college sector in 2026/7 relative to 2024/5.
Answer
Answered by Dan Tomlinson, 10 Mar 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. In recog...