Business Rates: Tax Yields
The question
To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the answer of 29 June 2026 to Question 11414, on Business Rates: Tax Yields, what is the reason for the 8 per cent in the department's estimated increase in business rate receipts from 2028-29 to 2029-30.
Answered by Ministry of Housing, Communities and Local Government
The increase in the department’s estimated business rate receipts from 2028-29 to 2029-30 in the answer to Question 11414 published on 29 June 2026 reflects a number of factors, including the impact of the next business rates revaluation expected in 2029-30, the ending of transitional relief associated with the 2026 revaluation, and the ending of Supporting Small Business Relief in 2028-29. The forecast also assumes continued growth in the business rates tax base and incorporates increases linked to forecast CPI inflation.
As is usual, any transitional relief support aligned to the 2029 revaluation will be considered and announced once the effects of the 2029 revaluation are known.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →