Written Question·Treasury·UIN 20951
Business Rates
Tabled: 18 December 2024
Answered: 7 January 2025
Question
John Glen
Conservative — Salisbury
To ask the Chancellor of the Exchequer, whether the new business rate multiplier on Rateable Values over £500,000 will apply to (a) railway, (b) communications and (c) utility hereditaments on the Central Rating List.
Answer
James MurrayAt Autumn Budget 2024, the Government announced an intention 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 high stree...
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