Written Question·Treasury·UIN 104167

Business Rates: Tax Allowances

Tabled: 8 January 2026

Answered: 15 January 2026

Question

Sir James Cleverly

To ask the Chancellor of the Exchequer, for what policy reason the transitional relief threshold for the 2026 revaluation cycle falls from 30% to 25% plus inflation for large firms, but rises from 5% to 25% plus inflation for small firms; and whether the

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 and the multiplier values, which are set by the Government. RVs are re-assessed every three years. The most recent r...

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