Written Question·Treasury·UIN 32156
Business Rates: Tax Allowances
Tabled: 21 February 2025
Answered: 28 February 2025
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, pursuant to the Answer of 22 January 2025 to Question 24513 on Business Rates: Tax Allowance, what the net value is of the package when adjusted for changes to the (a) retail, hospitality and leisure business rate r
Answer
James MurrayAutumn Budget 2024 announced the extension of Retail, Hospitality and Leisure (RHL) relief for one year at 40 per cent up to a cash cap of £110,000 per business, and the freezing of the small business multiplier for 2025-26. This is a package worth over £...
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