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Business Rates: Uprating

Asked by Sir James CleverlyConservativeTreasuryTabled Answered 13 March 2026UIN 118191

The question

To ask the Chancellor of the Exchequer, pursuant to the answer of 6 February 2026 to Question 109143 on Business Rate: Uprating, what the evidential basis is for the business rate system raising the same amount of revenue as was forecast before the Spring Budget 2025; and what the date and sources are for the previous estimate.

Answered by Dan Tomlinson

Business rates receipts are forecast independently by the Office for Budget Responsibility (OBR).

The previous answer that the business rates system will raise the same amount of revenue in the coming year as was forecast before the Spring Budget 2025 is based on a comparison between the OBRs pre-measures forecast at Spring Budget 2025, and forecasts for the same year at Autumn Budget 2025, which incorporates policy costings.

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