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United Kingdom · Question · Written question

UIN 30645

Business Rates

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 February 2025

Last action

18 February 2025 · Answer

Status

Answered

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Discovery layer

Source updated

18 February 2025

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the potential cumulative impact of the 2026 business rates revaluation on the plans for a new surcharge on hereditaments with a Rateable Value above £500,000; and whether the £500,000

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Timeline

  1. 11 February 2025

    Written question

    To ask the Chancellor of the Exchequer, what assessment she has made of the potential cumulative impact of the 2026 business rates revaluation on the plans for a new surcharge on hereditaments with a Rateable Value above £500,000; and whether the £500,000

    Source: Commons

  2. 18 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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