Business Rates: Pharmacy
The question
To ask the Chancellor of the Exchequer, whether she has considered extending to community pharmacies the business rates mitigation measures announced for other high street sectors.
Answered by Dan Tomlinson
Community pharmacies are eligible for the new permanently lower multipliers for eligible retail, hospitality and leisure (RHL) properties introduced by Government. These new multipliers are worth nearly £1 billion per year and benefit over 750,000 properties.
The Government has also introduced a support package worth £4.3 billion, to protect ratepayers seeing large bill increases as a result of the 2026 revaluation. It includes transitional relief and the supporting small business scheme, which community pharmacies may be eligible for. This means most properties seeing increases have them capped at 15 per cent or less in 2026/27, or £800 for the smallest.
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