questionText: To ask the Chancellor of the Exchequer, pursuant to the Answer of 18 March 2025 to Question 37227 on Hospitality Industry and Retail Trade: Business Rates, what assessment she has made of the potential impact of the new (a) lower and (b) higher multiplier
answerText: 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 intr...
heading: Hospitality Industry and Retail Trade: Business Rates