questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the decision to apply a higher multiplier to all properties with a rateable value of £500,000 or above on (a) large supermarkets and (b) department stores.
answerText: At Autumn Budget 2024, the Government announced its intention to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000, from 2026-27. This permanent tax cut will ensure that they b...
heading: Retail Trade: Business Rates