Written Question·Treasury·UIN 34032
Land Banking: Business Rates
Tabled: 26 February 2025
Answered: 7 March 2025
Question
Lisa Smart
Liberal Democrat — Hazel Grove
To ask the Chancellor of the Exchequer, if she will make it her policy to replace Business Rates with a Land Value Tax collected by local authorities to disincentivise land banking by developers.
Answer
James MurrayWe are creating a fairer business rates system that protects the high street, supports investment, and is fit for the 21st century. At the Autumn Budget, we published a Discussion Paper setting out priority areas for reform and invites stakeholders to hav...
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