Written Question·Treasury·UIN 113758
Small Businesses: Business Rates
Tabled: 20 February 2026
Answered: 27 February 2026
Question
Mary Glindon
Labour — Newcastle upon Tyne East and Wallsend
To ask the Chancellor of the Exchequer, what estimate she has made of the average percentage change in business rates liabilities for small businesses such as bakeries, cafés, hotels and dry cleaners between 2026 and 2029.
Answer
Dan TomlinsonThe amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...
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