Hospitality Industry and Retail Trade: Business Rates — Written Question

Question

Andrew Griffith

Conservative — Arundel and South Downs

To ask the Chancellor of the Exchequer, with reference to paragraph 5.70 of the Autumn Budget 2024, HC 295, published on 30 October 2024, what assessment she has made of the potential impact of the planned reduction of the Retail, Hospitality, and Leisure

Answer

James Murray

Without intervention by this Government, Retail, Hospitality and Leisure (RHL) relief would have ended entirely in April 2025, creating a cliff-edge for businesses. Instead, the Government has decided to offer a 40 per cent discount to RHL properties up t...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 13640) →