questionText: To ask the Chancellor of the Exchequer, pursuant to the Answer of 6 November 2024 to Questions 11930 and 11931 on Business Rates: Tax Yields, whether the real terms monetary value of the tax reduction from the new Retail, Hospitality and Leisure multiplier from the 2026-27 financial year is intended to be the same as the real terms monetary value of the Retail, Hospitality and Leisure rate relief provided to qualifying hereditaments in the 2024-25 financial year.
answerText: The existing retail, hospitality, and leisure (RHL) relief has been repeatedly extended year-by-year as a temporary stopgap measure. The Government recognises that this creates cliff-edges and uncertainty for businesses, as well as significant fiscal pres...
heading: Business Rates: Tax Yields