A question on #RetailTrade #UrbanAreas tabled by James McMurdock on 30-05-2025 has been answered by Torsten Bell.

Heading: Retail Trade: Urban Areas
Question ID: 1807410
UIN: 55843
House: Commons
Date tabled: 2025-05-30
Asking Member ID: 5361
Asking Member display name: James McMurdock
Asking Member handle:
Asking Member Twitter reference: James McMurdock
Member interest: false
Question text: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of tax disincentives that prevent pension property owners from letting units at reduced rates on (a) high street regeneration and (b) town centre vacancy rates.
Is named day: false
Date of holding answer:
Date answered: 2025-06-09
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 5069
Answering Member display name: Torsten Bell
Answering Member handle: TorstenBell
Answering Member Twitter reference: @TorstenBell
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Pension schemes can rent out commercial property at below market value. The only restriction on this is that there is an unauthorised payment charge where the tenant is connected with the pension scheme. This rule prevents value being transferred out of t...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true