Business Rates: Tax Allowances — Written Question

Question

Alex Mayer

Labour — Dunstable and Leighton Buzzard

To ask the Chancellor of the Exchequer, what assessment her Department has made of the number and type of businesses that will be impacted by business rates relief changes announced in the Budget 2025 in (a) Bedfordshire, (b) the East of England and (c) t

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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