Non-domestic Rates: Beckenham

(asked on 12th January 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will bring forward proposals to reduce the level of business rates on small shopkeepers of Beckenham constituency.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 19th January 2015

The government has taken significant action to reduce the burden of business rates on small shopkeepers across all areas in England. For 2015-16, the Small Business Rate Relief will be doubled supporting 575,000 businesses and the retail discount will increase from £1,000 to £1,500 for 300,000 shops, pubs, restaurants and cafes with a rateable value of £50,000 or below. Further, the 2% business rates multiplier cap will continue in 2015-16 for all ratepayers.

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