Written Question·Treasury·UIN 122243
Airports: Business Rates
Tabled: 19 March 2026
Answered: 31 March 2026
Question
Mr Richard Holden
Conservative — Basildon and Billericay
To ask the Chancellor of the Exchequer, pursuant to the Answer of 17 March 2026 to Question 118908, what assessment underpins increases in rateable values of up to 295% for UK civil airports between 1 April 2021 and 1 April 2024; and what specific economi
Answer
Dan TomlinsonAll assessments are underpinned by statutory assumptions defined in Schedule 6 of the Local Government Finance Act 1988. For the 2026 revaluation, we consider general economic circumstances and the receipts and expenditure relevant to individual airports ...
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