Business Rates: Tax Allowances

Summary

To ask the Chancellor of the Exchequer, what estimate she has made of the cost to the public purse of removing the £110,000 business rates cap for (a) retail, (b) hospitality and (c) leisure businesses with a rateable value below £500,000 after April 2026

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Timeline

1. 4 June 2025

   Written question

   To ask the Chancellor of the Exchequer, what estimate she has made of the cost to the public purse of removing the £110,000 business rates cap for (a) retail, (b) hospitality and (c) leisure businesses with a rateable value below £500,000 after April 2026

   Source: Commons

2. 9 June 2025

   Answer

   To deliver our manifesto pledge, we intend to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable vales below £500,000 from 2026-27. This permanent tax cut will ensure that RHL businesses benefit from...

   Source: Written answer

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• · Treasury · Answering body

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