Public Houses: Business Rates and Employers' Contributions
(asked on 21st February 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, pursuant to the Answer of 5 December 2024 to Question 16486 on Public Houses: Business Rates and Employer Contributions, what methodology her Department used to estimate that the average pub has a rateable value of £16,800; and how this relates to special category codes used by the Valuation Office Agency.
This question was answered on 27th February 2025
The Transforming Business Rates consultation notes that the average pub has a rateable value (RV) of £16,800. This is based on the median RV of properties under special category 226: "Public Houses/Pub Restaurants" on the 2023 compiled rating list.