Business Rates: Tax Allowances
The question
To ask the Chancellor of the Exchequer, if she will take steps to freeze the small business rate relief multiplier while adjusting for the revaluation in 2026-27.
Answered by James Murray
The business rate multipliers to apply from April 2026 will be set at Autumn Budget 2025.
Small Business Rate Relief (SBRR) provides 100% rate relief for eligible properties with rateable values below £12,000 with tapered relief available for eligible properties with rateable values between £12,000 and £15,000. Further details can be found at: https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief
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