Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether short-term measures in the terms of reference of the Government’s business rates review will be implemented at the end of the business rates holiday for retail and hospitality in April 2021.
On 28 April, HM Treasury set out timelines for tax policy consultations in light of the current Covid-19 crisis. As set out in that update, the call for evidence for the fundamental review of business rates will be published in the coming months. This review will be comprehensive, including looking at potential changes that could be made with effect from 1 April 2021. Stakeholders will be invited to contribute their views and engage throughout the review.