Written Question·Treasury·UIN 122480
Business Rates: Tax Allowances
Tabled: 20 March 2026
Answered: 30 March 2026
Question
Sir Julian Smith
Conservative — Skipton and Ripon
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing the full 20p discount to the business rates multiplier for retail, hospitality and leisure.
Answer
Dan TomlinsonThe 5p reduction in the Retail, Hospitality and Leisure (RHL) multipliers is worth nearly £1 billion per year and will benefit over 750,000 properties. Unlike RHL relief, the new multipliers are permanent, giving businesses certainty and stability, and th...
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