Written Question·Treasury·UIN 46275

Small Businesses: Government Assistance

Tabled: 17 April 2025
Answered: 29 April 2025

Question

Martin Wrigley

Liberal DemocratNewton Abbot

To ask the Chancellor of the Exchequer, what fiscal steps she plans to take to support small businesses with (a) energy prices, (b) inflation and (c) business rates.

Answer

James Murray
At Autumn Budget the Government announced it was freezing the small businesses multiplier for 2025-26, and extending the retail, hospitality and leisure (RHL) business rates relief for 1-year at 40% (up to a cash cap of £110,000 per business). This means ...

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