questionText: To ask the Chancellor of the Exchequer, what estimate she has made of the level of the (a) lower multiplier for retail, hospitality and leisure hereditaments from April 2026 and (b) higher multiplier for hereditaments above £500,000 Rateable Value; and whether she has a target for the average (i) decrease and (ii) increase in business rates as a (A) proportion and (B) number.
answerText: At Autumn Budget 2024, the Government announced that it intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000, from 2026-27. This permanent tax cut will ensure that they...
heading: Business Rates