Written Question·Treasury·UIN 30645
Business Rates
Tabled: 11 February 2025
Answered: 18 February 2025
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, what assessment she has made of the potential cumulative impact of the 2026 business rates revaluation on the plans for a new surcharge on hereditaments with a Rateable Value above £500,000; and whether the £500,000
Answer
James MurrayThe Government will confirm the rates for the new multipliers at Budget 2025, taking account of the outcomes of the 2026 revaluation as well as the broader economic and fiscal context. Tax policy and legislation is not subject to the Better Regulation Fra...
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