Written Question·Treasury·UIN 44232
Business Rates
Tabled: 4 April 2025
Answered: 10 April 2025
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, whether the transitional relief scheme for the 2026 business rates revaluation will be financed by (a) direct funding, (b) downward phasing and (c) a higher multiplier.
Answer
James MurrayThe Government is legally required to introduce transitional relief for ratepayers to support those seeing the biggest increases at revaluations. The Non-Domestic Rating Act 2023 removed the requirement for transitional relief schemes to be self-funding. ...
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