Business Rates: Tax Allowances
Commons · Question 22094 · Tabled 28 Aug 2026 · Treasury · Official record
Answered 8 Sep 2026
Question
Asked by David Simmonds
To ask the Chancellor of the Exchequer, with reference to his Department's guidance entitled Business Rates Multipliers: Qualifying Retail, Hospitality or Leisure, updated on 30 March 2026, for what policy reason (a) banking hubs and (b) cash machines on
Answer
Answered by James Murray, 8 Sep 2026
Banking hubs and cash machines are excluded because their primary function is the provision of financial services rather than retail, hospitality or leisure activity. Their location on a high street does not, in itself, bring them within the scope of the ...