Jim McMahon

Jim McMahon

Labour (Co-op) — Oldham West, Chadderton and Royton

Speaking in the House of Commons on 31 March 2025

Debate

Non-Domestic Rating (Multipliers and Private Schools) Bill

Contribution

The rating system adequately reflects the scale of properties. Less than 1% of properties in the business rates system will use the higher multiplier. That will fund the tax break for those on the high street that will use the lower multipliers. In the evidence session —the hon. Gentleman was there—we heard retailers say, “Of course, that will have an impact on our distribution centres, but we have so many stores that are below the threshold.” That allows national retailers with multiple locations to benefit; in the round, they find themselves better off as a result of this policy. As for rebalancing the situation for online retailers and those on our high streets, that is exactly what this measure does. Big distribution centres will pay for that relief. I once again thank hon. Members for their contributions, but for the reasons set out, I respectfully ask this House to disagree with the amendments before us. Question put, That this House disagrees with Lords amendment 1B. The House proceeded to a Division.

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