Written Question·Treasury·UIN 113760
Business Rates
Tabled: 20 February 2026
Answered: 27 February 2026
Question
Mary Glindon
Labour — Newcastle upon Tyne East and Wallsend
To ask the Chancellor of the Exchequer, what steps she is taking to ensure that business rates policy supports the long-term viability of high streets.
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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