Written Question·Treasury·UIN 51649
Retail Trade: Business Rates
Tabled: 12 May 2025
Answered: 20 May 2025
Question
Charlie Dewhirst
Conservative — Bridlington and The Wolds
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of reducing business rates relief for retailers that choose to leave the high street and move their businesses to retail parks.
Answer
James MurrayAs set out at Autumn Budget 2024, the Government intends to introduce permanently lower tax rates for all retail, hospitality, and leisure (RHL) properties with rateable values below £500,000 from 2026-27. The Government intends to fund this by introducin...
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