Business Rates

(asked on 10th March 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the OBR Economic and Fiscal Outlook report of November 2025, Table A.5, what analysis her Department has done of the causes for the rise in estimated business rates receipts from £38.8 billion in 2028-29 to £41.9 billion in 2029-30.


Answered by
Dan Tomlinson Portrait
Dan Tomlinson
Exchequer Secretary (HM Treasury)
This question was answered on 18th March 2026

Business rates receipts are forecast independently by the Office for Budget Responsibility (OBR). Information on changes to the Business Rates receipts can be found in the OBR’s Economic and Fiscal Outlook report (paragraphs 4.38 to 4.40).

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