Written Question·Treasury·UIN 95865
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, whether she has made an assessment of the potential impact of reducing the RHL multiplier by 20p on the (a) public purse and (b) long term viability of the Retail, Hospitality and Leisure sectors.
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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