M
Member
Speaking in the House of Lords on 24 February 2025
Debate
Non-Domestic Rating (Multipliers and Private Schools) BillContribution
The higher multiplier will apply only to the highest-value properties, affecting less than 1% of all non-domestic properties across England. The lower multipliers will apply to qualifying RHL properties, broadly following those already defined in the current retail, hospitality and leisure relief scheme. This rebalancing of the system needs to be carefully managed if it is to be both successful and sustainable.
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