Business Rates
The question
To ask the Chancellor of the Exchequer, whether she plans to continue the 40 percent relief on business rates for Retail, Hospitality and Leisure businesses into the 2026-27 financial year.
Answered by James Murray
Retail, hospitality and leisure (RHL) relief has been extended year-by-year by previous governments since the pandemic. It has been a stopgap measure, and we recognise that businesses need longer term certainty on their business rates liabilities.
Without any Government intervention, RHL relief would have ended entirely in April 2025, creating a cliff-edge for businesses. Instead, the Government is providing a 40 per cent discount to RHL properties up to a cash cap of £110,0000 per business in 2025-26, ahead of introducing permanently lower rates for RHL properties with rateable values below £500,000 from April 2026.
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