questionText: To ask the Chancellor of the Exchequer, what modelling her Department has undertaken on the potential impact of proposed business rates changes on the level of small business closures and employment levels.
answerText: At the Budget, the VOA announced updated property values from the 2026 revaluation. This revaluation is the first since the pandemic, which has led to significant increases in rateable values for some properties as they recover from the pandemic.To respon...
heading: Small Businesses: Business Rates