Written Question·Department for Business and Trade·UIN 37181
Small Businesses: Finance
Tabled: 11 March 2025
Answered: 19 March 2025
Question
Wendy Morton
Conservative — Aldridge-Brownhills
To ask the Secretary of State for Business and Trade, what steps are being considered to reduce financial burdens on small and independent high street businesses.
Answer
Gareth ThomasThis government is committed to creating a fairer business rates system for small businesses on the high street. From 2026-27, we will introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values of less...
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