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Business Rates

Asked by Sir James CleverlyConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 28 January 2026UIN 107020

The question

To ask the Secretary of State for Housing, Communities and Local Government, what guidance he has given to business improvement districts on whether they should adjust their multiplier supplement as a consequence of the increase in Rateable Values from the 2026 business rates revelation.

Answered by Miatta Fahnbulleh

The Secretary of State has not issued any guidance to Business Improvement Districts (BIDs) on adjusting levy arrangements or supplements in response to changes in rateable values from the 2026 business rates revaluation. BID levies are set locally through ballot‑approved proposals and are not automatically affected by national revaluation or multipliers, so any adjustment is a matter for the individual BID under its governing arrangements.

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