Written Question·Treasury·UIN 40772

Retail Trade: Business Rates

Tabled: 24 March 2025
Answered: 1 April 2025

Question

Joe Robertson

ConservativeIsle of Wight East

To ask the Chancellor of the Exchequer, what estimate she has made of the number of shops with increased business rates under proposed reforms to that system.

Answer

James Murray
As 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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