Written Question·Treasury·UIN 104021

Business Rates: Yeovil

Tabled: 7 January 2026

Answered: 15 January 2026

Question

Adam Dance

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of (a) increases in business rates valuations and (b) the removal of 40% rate relief announced in the Autumn 2025 Budget on grassroots music venues in Yeovil Co

Answer

Dan Tomlinson

The 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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