Written Question·Treasury·UIN 95864
Business Rates: Tax Allowances
Tabled: 1 December 2025
Answered: 4 December 2025
Named DayQuestion
Daisy Cooper
Liberal Democrat — St 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 TomlinsonThe 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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