Asked by: Chris Green (Conservative - Bolton West)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what steps she is taking to support garden centres.
Answered by Kevin Hollinrake - Shadow Secretary of State for Levelling Up, Housing and Communities
The Autumn Statement 2022 announced a package of changes to business rates worth £13.6bn over the next 5 years in lower bills. This includes a freeze to the multiplier, scrapping the downward revaluation cap and extending and increasing the generosity of the Retail, Hospitality and Leisure Relief from 50% to 75% in 2023-24.
This is in addition to the Energy Bills Discount Scheme; the increased Employment Allowance of £5,000 and setting the Annual Investment Allowance at £1 million permanently. This is a comprehensive package of support which will help protect businesses such as garden centres.