Written Question·Treasury·UIN 11324

Business Rates: Tax Allowances

Tabled: 28 October 2024

Answered: 31 October 2024

Named Day

Question

Andrew Bowie

Conservative — West Aberdeenshire and Kincardine

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of extending the /25 Retail, Hospitality and Leisure Business Rates Relief scheme into 2025/26.

Answer

James Murray

At Autumn Budget 2024, the government announced that Retail, Hospitality and Leisure (RHL) relief will be extended for 2025-26 at 40% up to a cash cap of £110,000 per business.