Written Question·Treasury·UIN 96892
Horse Racing: Business Rates
Tabled: 3 December 2025
Answered: 11 December 2025
Question
Nick Timothy
Conservative — West Suffolk
To ask the Chancellor of the Exchequer, whether she has carried out an impact assessment on removing (a) racehorse training yards and (b) racecourses from the Retail, Hospitality, and Leisure business rate relief scheme.
Answer
Dan TomlinsonThe Government is introducing new permanently lower business rates tax rates for retail, hospitality and leisure (RHL) properties with rateable values below £500,000. On 16 October 2025, the Government published legislation and accompanying guidance detai...
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