Written Question·Treasury·UIN 15243

Business Rates: Tax Allowances

Tabled: 20 November 2024
Answered: 25 November 2024

Question

Paul Holmes

ConservativeHamble Valley

To ask the Chancellor of the Exchequer, with reference to her plans for a retail, hospitality and leisure multiplier in 2026-27 and the associated increase in the multiplier for hereditaments over £500,000, whether it is her policy that (a) the two polici

Answer

James Murray
As set out at Budget, the government intends to introduce permanently lower tax rates for high-street retail, hospitality, and leisure (RHL) properties from 2026-27. However, this plan to support the high street must be sustainable. That is why we intend ...

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