To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the proposed changes to the retail business rates multiplier on the non-domestic rating valuation of different retail property types.
The Government is introducing new permanently lower tax rates for eligible retail, hospitality and leisure (RHL) properties. These new tax rates are worth nearly £1 billion per year, and will benefit over 750,000 properties. We are paying for this through...
Retail Trade: Business Rates