Written Question·Treasury·UIN 65014

Film: Business Rates

Tabled: 4 July 2025
Answered: 11 July 2025

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Chancellor of the Exchequer, if she will make it her policy to exempt film studios from the business rates surcharge for hereditaments with a rateable value over £500,000.

Answer

James Murray
At Autumn Budget 2024, the Government announced an intention to introduce a higher business rates multiplier on the most valuable properties – those with Rateable Values (RVs) of £500,000 and above – from April 2026 to fund permanently lower multipliers f...
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