Wholesale Trade: Business Premises — Written Question

Question

Martin Vickers

Conservative — Brigg and Immingham

To ask the Chancellor of the Exchequer, what assessment she has made of the potential financial impact of the classification of wholesale premises as online retail warehouses on the food and drink wholesale sector; and what steps she is taking to reduce t

Answer

James Murray

As set out at Autumn Budget 2024, the Government intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, including those on the high street, from 2026-27. This permanent tax cut will ensure that they benefit...

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