questionText: To ask the Chancellor of the Exchequer, pursuant to the Answer of 4 December 2024 to Question 16139, on Hospitality Industry and Leisure: Business Rates, and to the Answer of 10 December 2024, to Question 17139, on Business Rates, on what basis and using what methods her Department has determined that the majority of large distribution warehouses, including those used by online giants, will be subject to the higher multiplier which her Department plans to apply to properties which have a Rateable Value above £500,000.
answerText: To deliver our manifesto pledge, from 2026-27, the Government intends to protect the high street by introducing permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with Rateable Values below £500,000. This permanent tax cut w...
heading: Hospitality Industry and Leisure: Business Rates