Written Question·Treasury·UIN 57406

Business Rates

Tabled: 4 June 2025

Answered: 9 June 2025

Named Day

Question

Saqib Bhatti

Conservative — Meriden and Solihull East

To ask the Chancellor of the Exchequer, what estimate she has made of the maximum additional business rate revenue that could be raised by the proposed new higher rate multiplier.

Answer

James Murray

To deliver our manifesto pledge, we intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable vales below £500,000 from 2026-27. This permanent tax cut will ensure that RHL businesses benefit from...

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