Public Houses: Business Rates
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of HMRC guidance on business rates valuations for pubs in 'attractive locations', including rural and community pubs, on the financial viability of those establishments in North Yorkshire.
Answered by Dan Tomlinson
The guidance referred to sets out how pubs were to be valued for the previous valuation exercise which took place under the previous government, with valuation date of April 2024. This government is reviewing the methodology used to calculate rateable values for pubs.
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