M
Member
Speaking in the House of Lords on 24 February 2025
Debate
Non-Domestic Rating (Multipliers and Private Schools) BillContribution
The Government want to take a fair approach, which is why we intend to ask all properties with rateable values of £500,000 and above to contribute to support the high street. Applying a sector-agnostic approach is the fairest way, and the Government do not intend to exclude any properties from the higher tax rate. As I have said, these are the tough decisions necessary for a sustainable solution.
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