| Heading: |
Business Rates: Tax Allowances |
| Question ID: |
1809482 |
| UIN: |
57405 |
| House: |
Commons |
| Date tabled: |
2025-06-04 |
| Asking Member ID: |
4818 |
| Asking Member display name: |
Saqib Bhatti
|
| Asking Member handle: |
bhatti_saqib
|
| Asking Member Twitter reference: |
@bhatti_saqib
|
| Member interest: |
false |
| Question text: |
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 |
| Is named day: |
true |
| Date of holding answer: |
|
| Date answered: |
2025-06-09 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4797 |
| Answering Member display name: |
James Murray
|
| Answering Member handle: |
jamesmurray_ldn
|
| Answering Member Twitter reference: |
@jamesmurray_ldn
|
| Correcting Member ID: |
|
| Correcting Member display name: |
|
| Correcting Member handle: |
|
| Correcting Member Twitter reference: |
|
| Answer text: |
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... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |