Written Question·Treasury·UIN 40771
Retail Trade: Business Rates
Tabled: 24 March 2025
Answered: 1 April 2025
Question
Joe Robertson
Conservative — Isle of Wight East
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed higher business rates multiplier on larger stores.
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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