Written Question·Treasury·UIN 97879
Business Rates
Tabled: 8 December 2025
Answered: 16 December 2025
Question
Mr Louie French
Conservative — Old Bexley and Sidcup
To ask the Chancellor of the Exchequer, with reference to the Autumn Budget 2025. what assessment she has made of the potential impact of the proposed change to (a) rateable value and (b) business rates relief on (i) vacancy rates, (ii) job losses, (iii)
Answer
Dan TomlinsonThe amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...
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