Written Question·Department for Business and Trade·UIN 21
Shops
Tabled: 17 July 2024
Answered: 23 July 2024
Question
Sir John Hayes
Conservative — South Holland and The Deepings
To ask the Secretary of State for Business and Trade, what steps he is taking to help support small shops.
Answer
Gareth ThomasEligible retail, hospitality and leisure properties currently benefit from 75 per cent business rates relief, up to a cash cap of £110,000 per business for 2024-25. The small business multiplier is frozen at 49.9p for 2024/25, protecting over a million ra...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 21) →