5G: Business Rates
The question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of business rates on the rate at which new (a) 5G and (b) 5GSA infrastructure is being rolled out.
Answered by James Murray
Digital infrastructure will play a key role in the Government’s forthcoming 10 Year Infrastructure Strategy, which will set out the long-term ambitions for rollout of 5G and Standalone 5G.
Eligible plant and machinery used on 5G are exempt from business rates from 1 April 2022 until 31 March 2035.
At Autumn Budget 2024, the Government published a Discussion Paper setting out priority areas for business rates reform and inviting industry to co-design a fairer business rates system. In summer, the Government will publish an interim report that sets out a clear direction of travel for the business rates system, with further policy detail to follow at Autumn Budget 2025.
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