Written Question·Treasury·UIN 28055

Small Businesses: Business Rates

Tabled: 3 February 2025
Answered: 10 February 2025

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Chancellor of the Exchequer, how the proposed lower multiplier for hospitality, leisure and retail from 2026-27 will interact with small business rate relief; and what estimate she has made of the impact of the lower multiplier on the cost of s

Answer

James Murray
The government is committed to retaining Small Business Rate Relief, which is a permanent relief set down in legislation. Small Business Rate Relief (SBRR) is available to businesses with a single property below a set rateable value. Eligible properties u...
ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 28055) →