Written Question·Treasury·UIN 14625
Business Rates: Tax Allowances
Tabled: 18 November 2024
Answered: 25 November 2024
Question
John Glen
Conservative — Salisbury
To ask the Chancellor of the Exchequer, pursuant to the Answer of 11 November 2024 to Question 12457 on Music Venues: Business Rates, what the cost of Retail, Hospitality and Leisure business rate relief was in 2024-25.
Answer
James MurrayDiscretionary relief is given to Retail, Hospitality and Leisure (RHL) properties at 75% for 2024-25, up to a cash cap of £110,000 per business. Based on local authorities’ Non-Domestic Rates form (NNDR1) returns, RHL relief is forecast to cost £2.4bn in ...
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