Written Question·Treasury·UIN 106114
Business Rates: Valuation
Tabled: 15 January 2026
Answered: 21 January 2026
Question
Sir James Cleverly
Conservative — Braintree
To ask the Chancellor of the Exchequer, whether the 2026 business rates revaluation is revenue-neutral.
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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