Written Question·Department for Business and Trade·UIN 46276
Retail Trade: Urban Areas
Tabled: 17 April 2025
Answered: 30 April 2025
Question
Martin Wrigley
Liberal Democrat — Newton Abbot
To ask the Secretary of State for Business and Trade, what steps his Department is taking to support high street businesses in competing with large online retailers.
Answer
Gareth ThomasWe intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, including those on the high street, from 2026-27. This tax cut must be sustainably funded, and so we intend to apply a higher rate from 2026-27 on th...
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