Small Businesses: Business Rates — Written Question

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Chancellor of the Exchequer, what assessment her Department has made of the financial impact of potential changes to Small Business Rate Relief after the introduction of new non-domestic rate multipliers on small businesses; and whether she pla

Answer

James Murray

Small Business Rate Relief (SBRR) is available to businesses with a single property below a set rateable value. Eligible properties under £12,000 receive 100 per cent relief, which means over a third of businesses in England (more than 700,000) pay no bus...

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