Written Question·Treasury·UIN 16946
Business Rates: Tax Yields
Tabled: 29 November 2024
Answered: 9 December 2024
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, what estimate she has made of the gross increase in business rate receipts from the 2026-27 business rate multiplier surcharge on hereditaments above £500,000 Rateable Value.
Answer
James MurrayTo deliver our manifesto pledge, from 2026-27, the Government intends to protect the high street by introducing permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with Rateable Values below £500,000. This permanent tax cut w...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 16946) →