Question to the HM Treasury:
To ask His Majesty's Government what plans they have to rebalance the burden of taxes to provide a fairer distribution between high street businesses and online companies.
The 2023 business rates revaluation updated ratable values to ensure bills more closely reflect the commercial property market and ensured the burden of rates falls across all non-domestic properties.
Furthermore, at Autumn Statement 2023, the government announced a package of business rates support worth £4.3 billion over the next five years to support small businesses and the high street.