Business Rates: Small Businesses
2026-06-01 · Treasury · 6057 · Official question
Question
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that the business rates system is supportive of SMEs; what assessment she has made of the potential merits of reducing VAT rates for smaller and medium sized businesses;
Answer
The Government has extended Small Business Rates Relief to support small businesses to grow and expand, by giving them an additional two years of Small Business Rates Relief when they open a second premises. SMEs in rural areas may also be eligible for Ru...