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 Tomlinson
At 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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