Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of rising rateable values from April 2026 on small community pubs currently exempt from Business Rates through Small Business Rates Relief.

If a business only occupies one property, and the property’s rateable value (RV) is lower than £12,000 from 2026, it will be eligible for 100% Small Business Rate Relief (SBRR) and will pay nothing in business rates. SBRR is also available if RV is between £12,001 and £15,000, and the rate of relief tapers from 100% to 0%.

The 2026 revaluation began under the previous government to update values since the pandemic. If the property loses some or all of its SBRR or Rural Rate Relief (RRR) as a result, then its bill increase will be capped at £800 for the year or the relevant transitional relief caps (5% or 15%), whichever is higher. That is part of this government’s support to pubs to insulate them from the effects of the revaluation.

To support with bill increases, at the Budget, the Government announced a support package worth £4.3 billion over the next three years, including protection for ratepayers seeing their bills increase because of the revaluation. As a result, over half of ratepayers will see no bill increases, including 23% seeing their bills go down.

You can find more detail on these changes at: https://www.gov.uk/government/publications/budget-2025-retail-hospitality-and-leisure-factsheet/budget-2025-retail-hospitality-and-leisure-factsheet