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United Kingdom · Question · Written question

UIN 102992

Business Rates: Valuation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

5 January 2026

Last action

13 January 2026 · Answer

Status

Answered

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Discovery layer

Source updated

13 January 2026

Summary

To ask the Chancellor of the Exchequer, what estimate she has made of the potential impact of business rates liabilities on the number of business closures since the last revaluation.

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Timeline

  1. 5 January 2026

    Written question

    To ask the Chancellor of the Exchequer, what estimate she has made of the potential impact of business rates liabilities on the number of business closures since the last revaluation.

    Source: Commons

  2. 13 January 2026

    Answer

    The 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...

    Source: Written answer

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