Written Question·Treasury·UIN 98629
Hospitality Industry and Retail Trade: Business Rates
Tabled: 9 December 2025
Answered: 15 December 2025
Question
Charlie Dewhirst
Conservative — Bridlington and The Wolds
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the combined effect of higher rateable values and reduced business rates relief on (a) the number of hospitality businesses and (b) vacancy rates on high stree
Answer
Dan TomlinsonThe 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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