Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 27 November 2024 to Question 15198 on Business Rates, what estimates her Department has made of business rate receipts in England in each financial year from 2024-25 onwards.

The Ministry of Housing, Communities & Local Government (MHCLG) publish non-domestic ratings receipts data and forecasts for the financial year ahead in England. As such, projections for non-domestic rates income for 2025-26 will be published in due course by MHCLG.

For 2024-25, local authorities estimate the non-domestic rating income to be £26.3 billion: https://www.gov.uk/government/statistics/national-non-domestic-rates-collected-by-councils-in-england-forecast-2024-to-2025/national-non-domestic-rates-collected-by-councils-in-england-forecast-for-2024-to-2025