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Business Rates

Asked by Kevin HollinrakeConservativeTreasuryTabled Answered 27 November 2024UIN 15198

The question

To ask the Chancellor of the Exchequer, what estimate her Department has made of revenues to the Exchequer from business rates in England in each of the next five financial years.

Answered by James Murray

The Office for Budget’s Responsibility’s (OBR) October 2024 Economic and Fiscal Outlook includes forecasts for UK business rates receipts. This is available online: https://obr.uk/docs/dlm_uploads/OBR_Economic_and_fiscal_outlook_Oct_2024.pdf.

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