| Heading: |
Business Rates |
| Question ID: |
1792595 |
| UIN: |
44232 |
| House: |
Commons |
| Date tabled: |
2025-04-04 |
| Asking Member ID: |
4474 |
| Asking Member display name: |
Kevin Hollinrake
|
| Asking Member handle: |
kevinhollinrake
|
| Asking Member Twitter reference: |
@kevinhollinrake
|
| Member interest: |
false |
| Question text: |
To ask the Chancellor of the Exchequer, whether the transitional relief scheme for the 2026 business rates revaluation will be financed by (a) direct funding, (b) downward phasing and (c) a higher multiplier. |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-04-10 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4797 |
| Answering Member display name: |
James Murray
|
| Answering Member handle: |
jamesmurray_ldn
|
| Answering Member Twitter reference: |
@jamesmurray_ldn
|
| Correcting Member ID: |
|
| Correcting Member display name: |
|
| Correcting Member handle: |
|
| Correcting Member Twitter reference: |
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| Answer text: |
The Government is legally required to introduce transitional relief for ratepayers to support those seeing the biggest increases at revaluations. The Non-Domestic Rating Act 2023 removed the requirement for transitional relief schemes to be self-funding. ... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |