Non-domestic Rates: Retail Trade

(asked on 27th January 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many retail businesses have a rateable value of under £51,000.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 30th January 2020

As of 31 March 2019, there were 467,040 non-domestic properties in the Rating List in England and Wales with a Rateable Value of under £51,000 that are classified as part of the retail sector.

The Valuation Office Agency publishes statistics on the stock of properties at: https://www.gov.uk/government/statistics/non-domestic-rating-stock-of-properties-including-business-floorspace-2019. The next published update to the above statistics is planned for July 2020.

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