Written Question·Treasury·UIN 56720

Small Businesses: Business Rates

Tabled: 3 June 2025
Answered: 10 June 2025

Question

Dan Norris

IndependentNorth East Somerset and Hanham

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of her proposals for reducing business rates for shops, pubs and leisure businesses on SMEs in North East Somerset and Hanham constituency.

Answer

James Murray
From April 2026, the Government intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values below £500,000. This permanent tax cut will ensure that they benefit from much-needed certainty and...

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