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United Kingdom · Question · Written question

UIN 46765

Public Bodies: Business Rates

answeredUnited Kingdom· UK Parliament· EN

Introduced

22 April 2025

Last action

30 April 2025 · Answer

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Answered

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Discovery layer

Source updated

30 April 2025

Summary

To ask the Chancellor of the Exchequer, whether she plans to provide additional funding to public bodies for the increase in business rates for hereditaments with a Rateable Value above £500,000.

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Timeline

  1. 22 April 2025

    Written question

    To ask the Chancellor of the Exchequer, whether she plans to provide additional funding to public bodies for the increase in business rates for hereditaments with a Rateable Value above £500,000.

    Source: Commons

  2. 30 April 2025

    Answer

    To deliver our manifesto pledge, we intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000, from 2026-27. This tax cut must be sustainably funded, and so we intend to appl...

    Source: Written answer

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