Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to Box 3.H, and Table 4.1 of the Autumn Budget 2025, HC 1492, 26 November 2025, and to the HMT document, Effects of the business rates retail, hospitality and leisure multipliers and high value multiplier of 26 November 2025, what estimate she has made of the total gross revenue to be raised from the high-value multiplier in 2026-27.

The exchequer impact of the new high-value multiplier and RHL multipliers can be found on page 30 of the ‘Policy costings’ document, published at the Budget and found online at this address:

https://assets.publishing.service.gov.uk/media/692872fd2a37784b16ecf676/Budget_2025-Policy_Costings.pdf