Non-domestic Rates: Tax Allowances

(asked on 1st November 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to increase the cap on the 50 per cent reduction in business rates for the retail, leisure and hospitality sector to support businesses with larger numbers of sites.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 9th November 2021

Together with Small Business Rates Relief, over 90 per cent of retail, hospitality and leisure businesses will receive at least a 50 per cent reduction in their business rates bills in 2022-23.

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