Written Question·Department for Business and Trade·UIN 28708
Business: Competition
Tabled: 4 February 2025
Answered: 12 February 2025
Question
Mike Reader
Labour — Northampton South
To ask the Secretary of State for Business and Trade, what steps his Department is taking to help support businesses to compete with direct-to-consumer online retailers that are based offshore.
Answer
Gareth ThomasWe intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, including those on the high street, from 2026-27. This tax cut must be sustainably funded, and so we intend to apply a higher rate from 2026-27 on th...
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