Business Rates

Summary

To ask the Chancellor of the Exchequer, if she will ensure that the proposed higher business rates multiplier for properties with a rateable value of £500,000 or more is index-linked.

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Timeline

1. 24 March 2025

   Written question

   To ask the Chancellor of the Exchequer, if she will ensure that the proposed higher business rates multiplier for properties with a rateable value of £500,000 or more is index-linked.

   Source: Commons

2. 1 April 2025

   Answer

   The Government intends to introduce permanently lower tax rates for retail, hospitality, and leisure properties, with rateable values below £500,000, from 2026-27. This tax cut must be sustainably funded, and so the Government intends to apply a higher ra...

   Source: Written answer

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• · Treasury · Answering body

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