Written Question·Treasury·UIN 103000
Retail Trade: Business Rates
Tabled: 5 January 2026
Answered: 12 January 2026
Question
Rupert Lowe
Restore Britain — Great Yarmouth
To ask the Chancellor of the Exchequer, what assessment has been made of the long-term sustainability of the current business rates model for high street businesses.
Answer
Dan TomlinsonThe amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 103000) →