Written Question·Treasury·UIN 90226
Business Rates: Tax Allowances
Tabled: 12 November 2025
Answered: 21 November 2025
Question
Sir James Cleverly
Conservative — Braintree
To ask the Chancellor of the Exchequer, what estimate she has made of the number of (a) shops, (b) sports stadiums, (c) film studios and (d) airports that would be liable for the surcharge on Rateable Values above £500,000.
Answer
Dan TomlinsonAs announced at Autumn Budget 2024, the Government will introduce permanently lower business rates multipliers for retail, hospitality, and leisure (RHL) properties with rateable values (RVs) below £500,000 from 2026/27. This permanent tax cut will ensure...
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