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Nurseries: Business Rates

Asked by Adam DanceLiberal DemocratTreasuryTabled Answered 18 November 2024UIN 13387

The question

To ask the Chancellor of the Exchequer, if she will exempt nurseries in England from business rates.

Answered by James Murray

At the Budget in October, the Government committed to increasing spending on early years and family services to over £8 billion in 2025-26. This includes an additional £1.8 billion which will be paid to early years providers to continue the expansion of government-funded childcare and help more parents, particularly women, stay in and return to work.

Business rates are a broad based tax on the value of non-domestic properties including nurseries.

To protect small businesses, the government announced at the Autumn Budget that it would freeze the small business multiplier next year. Taken together with Small Business Rates Relief, this intervention ensures that over a million properties will be protected from inflationary increases.

In addition to this support, standalone nurseries are also eligible for charitable rate relief where they have a ‘charitable purpose’.

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