Written Question·Treasury·UIN 95066
Business Rates: Valuation
Tabled: 27 November 2025
Answered: 5 December 2025
Question
Sir James Cleverly
Conservative — Braintree
To ask the Chancellor of the Exchequer, whether the 2026 business rates revaluation is revenue neutral (i) in the first year, or (ii) over the valuation cycle.
Answer
Dan TomlinsonAt Budget 2025, the Government announced updated property values independently assessed by the Valuation Office. Revaluations ensure that the rateable values (RVs) of properties are updated in line with market changes, and that the tax rates adjust to ref...
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