Written Question·Treasury·UIN 19711

Airports: Business Rates

Tabled: 12 December 2024
Answered: 20 December 2024

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Chancellor of the Exchequer, what assessment (a) her Department and (b) the Valuation Office Agency has been of the potential impact on airports of the (a) surcharge on business hereditaments above £500,000 Rateable Value from 2026-27 and (b) 2

Answer

James Murray
The Valuation Office Agency (VOA) conducts analysis of changes in rateable value to prepare for regular revaluations. The VOA is currently working on a revaluation of all non-domestic properties, which will come into effect on 1 April 2026. The revaluatio...
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