Written Question·Treasury·UIN 44491

Business Rates: Tax Allowances

Tabled: 7 April 2025
Answered: 28 April 2025

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Chancellor of the Exchequer, pursuant to the Answer of 25 March 2025 to Question 39035 on Business Rates: Tax Allowances, whether a retail, hospitality and leisure (RHL) hereditament in receipt of the lower RHL multiplier will (a) lose that mul

Answer

James Murray
To deliver our manifesto pledge, we intend to introduce permanently lower tax rates for high street retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000, from 2026-27. This tax cut must be sustainably funded, and so we in...
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