Written Question·Treasury·UIN 16938
Sportsgrounds: Business Rates
Tabled: 29 November 2024
Answered: 9 December 2024
Question
Kevin Hollinrake
Conservative — Thirsk and Malton
To ask the Chancellor of the Exchequer, whether (a) football, (b) rugby and (c) cricket stadiums or clubs with a Rateable Value over £500,000 will be liable to pay the business rates Rateable Value multiplier surcharge from 2026-27.
Answer
James MurrayAt Autumn Budget 2024, the Government announced its intention to introduce permanently lower tax rates for retail, hospitality and leisure (RHL) properties with Rateable Values below £500,000 from 2026-27. This permanent tax cut will ensure that high stre...
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