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Business Rates: Tax Allowances

Asked by Andrew BowieConservativeTreasuryTabled Answered 31 October 2024UIN 11324

The question

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of extending the /25 Retail, Hospitality and Leisure Business Rates Relief scheme into 2025/26.

Answered by James Murray

At Autumn Budget 2024, the government announced that Retail, Hospitality and Leisure (RHL) relief will be extended for 2025-26 at 40% up to a cash cap of £110,000 per business.

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