Channel Tunnel: Business Rates — Written Question

Question

Mr Richard Holden

Conservative — Basildon and Billericay

To ask the Chancellor of the Exchequer, what estimate she has made of changes to business rates for the Channel Tunnel from 2025-26 to 2026-27 as a consequence of the (i) business rate revaluation and (ii) surcharge on Rateable Values above £500,000; and

Answer

Dan Tomlinson

The Government cannot comment on the bills of individual ratepayers.At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since Covid, which has led to significant increases in rateable values fo...

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