Public Houses: Business Rates and Employers' Contributions
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 5 December 2024 to Question 16486 on Public Houses: Business Rates and Employer Contributions, what methodology her Department used to estimate that the average pub has a rateable value of £16,800; and how this relates to special category codes used by the Valuation Office Agency.
Answered by James Murray
The Transforming Business Rates consultation notes that the average pub has a rateable value (RV) of £16,800. This is based on the median RV of properties under special category 226: "Public Houses/Pub Restaurants" on the 2023 compiled rating list.
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