Written Question·Treasury·UIN 17133
Business Rates
Tabled: 2 December 2024
Answered: 10 December 2024
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, what estimate she has made of the level of the (a) lower multiplier for retail, hospitality and leisure hereditaments from April 2026 and (b) higher multiplier for hereditaments above £500,000 Rateable Value; and wh
Answer
James MurrayAt Autumn Budget 2024, the Government announced that it intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000, from 2026-27. This permanent tax cut will ensure that they...
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