questionText: To ask the Chancellor of the Exchequer, whether the transitional relief scheme for the 2026 business rates revaluation will be financed by (a) direct funding, (b) downward phasing and (c) a higher multiplier.
answerText: The Government is legally required to introduce transitional relief for ratepayers to support those seeing the biggest increases at revaluations. The Non-Domestic Rating Act 2023 removed the requirement for transitional relief schemes to be self-funding. ...
heading: Business Rates