questionText: To ask the Chancellor of the Exchequer, whether transitional relief will apply to the application of the high-value business rate multiplier in 2026-27.
answerText: At Budget 2025, the Government announced updated property values independently assessed by the Valuation Office. Revaluations ensure that the rateable values (RVs) of properties are updated in line with market changes, and that the tax rates adjust to ref...
heading: Business Rates: Valuation