Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what proportion of the (a) receipts and (b) total Rateable Value for the new business rates surcharge on hereditaments above £500,000 is levied on (i) large distribution warehouses and (ii) the retail sub-sector.

The Government has set out the impacts of the high-value multiplier, including on retail, hospitality and leisure hereditaments here: https://www.gov.uk/government/publications/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier/effects-of-the-business-rates-retail-hospitality-and-leisure-multipliers-and-high-value-multiplier