questionText: To ask the Chancellor of the Exchequer, whether the new surcharge on hereditaments with Rateable Values above £500,000 from 2026-27 will be revenue neutral in relation to the cost of the new Retail, Hospitality and Leisure rate multiplier from 2026-27.
answerText: To deliver our manifesto pledge, we intend to introduce permanently lower tax rates for high street retail, hospitality, and leisure (RHL) properties with Rateable Values (RVs) below £500,000 from 2026-27.This tax cut must be sustainably funded, and so we...
heading: Business Rates