Written Question·Ministry of Housing, Communities and Local Government·UIN 22045
Small Businesses: Business Rates
Tabled: 6 January 2025
Answered: 14 January 2025
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Secretary of State for Housing, Communities and Local Government, through what mechanism small business rate relief is financed; and how local authorities are reimbursed for the cost.
Answer
Jim McMahonThe cost to local authorities of providing small business rate relief was taken into account when setting up the business rates retention system. The Government has also compensated local authorities through additional grants to reflect changes to the sma...
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