Written Question·Treasury·UIN 29274

Fishing Vessels: Business Rates

Tabled: 5 February 2025
Answered: 13 February 2025

Question

Rachel Gilmour

Liberal DemocratTiverton and Minehead

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of extending business rate relief to include angling boats as small businesses.

Answer

James Murray
Small Business Rate Relief (SBRR) is available to businesses with a single property below a set rateable value (RV). Eligible properties with an RV under £12,000 will receive 100 per cent relief and there is also tapered support available to properties va...

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 29274) →