To ask the Chancellor of the Exchequer, what assessment she has made of the reasons for the difference in the projected changes in liabilities for (a) pubs and (b) distribution warehouses over the three-year revaluation period after transition.
The amount of business rates paid on each property is based on the rateable value of the property, assessed by the Valuation Office Agency (VOA), and the multiplier values, which are set by the Government. Rateable values are re-assessed every three years...
Hospitality Industry: Business Rates