Hospitality Industry and Leisure: Business Rates — Written Question

Question

Greg Smith

Conservative — Mid Buckinghamshire

To ask the Chancellor of the Exchequer, what estimate her department has made of how many a) pubs b) hotels c) restaurants d) indoor leisure and e) night clubs are expected to see their business rates bill i) go up ii) stay the same or iii) decrease from

Answer

Dan Tomlinson

The amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...

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