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United Kingdom · Question · Written question

UIN 29414

Business Rates

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

6 February 2025

Last action

13 February 2025 · Answer

Status

Answered

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Discovery layer

Source updated

13 February 2025

Summary

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of reducing the business rate multiplier by 20p for all hereditaments in England used for retail, hospitality and leisure with a rateable value of (a) under £51

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Timeline

  1. 6 February 2025

    Written question

    To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of reducing the business rate multiplier by 20p for all hereditaments in England used for retail, hospitality and leisure with a rateable value of (a) under £51

    Source: Commons

  2. 13 February 2025

    Answer

    The Government will confirm the rates for the new multipliers at Budget 2025, taking account of the outcomes of the 2026 revaluation as well as the broader economic and fiscal context. Tax policy and legislation is not subject to the Better Regulation Fra...

    Source: Written answer

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