Written Question·Treasury·UIN 119637

Business Rates: Yeovil

Tabled: 10 March 2026
Answered: 18 March 2026

Question

Adam Dance

Liberal DemocratYeovil

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of replacing the business rates system on businesses in Yeovil constituency.

Answer

Dan Tomlinson
The Government has already started the work of reforming our business rates system by introducing new permanently lower multipliers for eligible retail, hospitality and leisure (RHL) properties. These new multipliers are worth nearly £1 billion per year a...

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