Non-domestic Rates: Coronavirus

(asked on 18th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of (a) extending the current business rates holiday for 12 months after the 1st of April 2021, and (b) substantially reducing the 2022-23 business rates to at least 40 per cent of pre-covid-19 outbreak levels.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 21st January 2021

The Government is considering options for further COVID-19 related support through business rates reliefs. In order to ensure that any decisions best meet the evolving challenges presented by COVID-19, the Government will outline plans for 2021-22 reliefs in due course.

In 2020, the Government launched the Fundamental Review of Business Rates, which sought views on the level of the business rates multiplier. A final report to be published in due course will set out the conclusions of the Review on this and other areas.

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