Written Question·Treasury·UIN 95864

Business Rates: Tax Allowances

Tabled: 1 December 2025
Answered: 4 December 2025
Named Day

Question

Daisy Cooper

Liberal DemocratSt Albans

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the reduction of the Retail, Hospitality and Leisure multiplier and the withdrawal of the capped Retail, Hospitality and Leisure Relief scheme on multiple reta

Answer

Dan Tomlinson
The amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...

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