Written Question·Treasury·UIN 68798

Business Rates

Tabled: 17 July 2025
Answered: 24 July 2025

Question

Sarah Olney

Liberal DemocratRichmond Park

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the planned higher multiplier for properties with rateable values above £500,000, broken down by business sector.

Answer

James Murray
At Autumn Budget 2024, the Government published a Discussion Paper setting out priority areas for business rates reform and invited industry to co-design a fairer business rates system. In summer, the Government will publish an interim report that sets ou...

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