Written Question·Treasury·UIN 19716
Film: Business Rates
Tabled: 12 December 2024
Answered: 20 December 2024
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, what the forecast gross cost is of film studio business rate relief in (a) 2024-25, (b) 2025-26 and (c) 2026-27.
Answer
James MurrayAt Autumn Budget 2024, the Government announced that it intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000, from 2026-27. This permanent tax cut will ensure that they...
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