Written Question·Treasury·UIN 95068
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 transitional relief will apply to the application of the high-value business rate multiplier in 2026-27.
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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