Written Question·Treasury·UIN 32540
Retail Trade: Business Rates
Tabled: 21 February 2025
Answered: 28 February 2025
Question
Mr Lee Dillon
Liberal Democrat — Newbury
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes to business rates on high street retailers.
Answer
James MurrayAs set out at Autumn Budget 2024, the Government intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, including those on the high street, from 2026-27. This permanent tax cut will ensure that they benefit...
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