Written Question·Treasury·UIN 99862
Business Rates: Tax Allowances
Tabled: 15 December 2025
Answered: 18 December 2025
Question
Sir James Cleverly
Conservative — Braintree
To ask the Chancellor of the Exchequer, what the estimated annual cost is of the retail, hospitality and leisure multiplier in 2026-27; and how many hereditaments will be eligible in England.
Answer
Dan TomlinsonAt the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since Covid, which has led to significant increases in rateable values for some properties as they recover from the pandemic. To support with...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 99862) →