Business Rates: Retail, Hospitality and Leisure Debate
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Kerry McCarthy
Main Page: Kerry McCarthy (Labour - Bristol East)Department Debates - View all Kerry McCarthy's debates with the HM Treasury
Business Rates: Retail, Hospitality and Leisure
Kerry McCarthy Excerpts(1 day, 16 hours ago)
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Dan Tomlinson
The process for businesses that are not satisfied with the valuation provided by the Valuation Office Agency is to go through the “check, challenge, appeal” process. In my role as the Minister with responsibility for His Majesty’s Revenue and Customs, I will of course be doing all I can to make sure that the performance of the VOA is as good as it can be to help businesses get through that process. That is very important, not least given that we are seeing a rebound in the values of many businesses across the country following the pandemic.
Kerry McCarthy (Bristol East) (Lab)
I hope the Minister will join me in congratulating Bristol East’s Lost and Grounded Brewers, which has just appeared on the list of the eight best breweries in Britain in The Times. He may recall that just before the Budget, I brought another Bristol East brewery, Left Handed Giant, to meet him and other Ministers at No. 11, where it made very clear the pressures facing the hospitality sector. Can he give me assurances that, as a first step, we need to sort out the revaluation shambles? Can he also ensure that the consideration of a differential rate of VAT, as we see in so many other countries on the continent, is also on the Treasury’s radar?
Dan Tomlinson
I join my hon. Friend in congratulating the brewery in her constituency. I know there is a vibrant small and independent brewery sector in Bristol, with lots of fantastic places where people can choose to have a drink if they so wish. Just the same as her, I want to make sure that this Government do what they can to continue to support businesses such as the one she mentions and those operating up and down the country. This Government are seeking to ensure that people have more money in their pockets so they can go out and spend it. That is why I am really glad that under the first year of this Labour Government, we saw faster increases in wages than we did in the whole first 10 years under the Conservatives.