questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of ending the use of the approved guidance on valuation of public houses and introducing a standard RV calculation method for businesses.
answerText: The Valuation Office uses the ‘Fair and Maintainable Trade’ methodology to assess public houses. The Government recognises that a review of the methodology to value pubs for business rates purposes is needed. Therefore, the Government will launch a review...
heading: Public Houses: Business Rates