Written Question·Treasury·UIN 99768
Hospitality Industry and Retail Trade: Business Rates
Tabled: 15 December 2025
Answered: 18 December 2025
Question
Sir Julian Smith
Conservative — Skipton and Ripon
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of business rates revaluation on (a) hospitality and (b) retail businesses in North Yorkshire.
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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