questionText: To ask the Chancellor of the Exchequer, with reference to paragraph 5.69 of the Autumn Budget 2024, HC 295, what estimate her Department has made of the yearly change in business rates receipts from private schools in each of the next five financial years; and whether (a) her Department and (b) the Valuation Office Agency has made an estimate of the number of hereditaments that are expected to become liable to pay higher business rates.
answerText: At Autumn Budget 2024, the Government reconfirmed that it will remove private schools’ eligibility for charitable rates relief under business rates in England from April 2025. This intervention will raise around £140 million per year. Business rates reten...
heading: Business Rates: Tax Yields