Written Question·Treasury·UIN 113756
Small Businesses: Business Rates
Tabled: 20 February 2026
Answered: 26 February 2026
Question
Mary Glindon
Labour — Newcastle upon Tyne East and Wallsend
To ask the Chancellor of the Exchequer, what modelling her Department has undertaken on the potential impact of proposed business rates changes on the level of small business closures and employment levels.
Answer
Dan TomlinsonAt the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.To respon...
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