Written Question·Treasury·UIN 102992
Business Rates: Valuation
Tabled: 5 January 2026
Answered: 13 January 2026
Question
Rupert Lowe
Restore Britain — Great Yarmouth
To ask the Chancellor of the Exchequer, what estimate she has made of the potential impact of business rates liabilities on the number of business closures since the last revaluation.
Answer
Dan TomlinsonThe amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...
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