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1110947
star this property registered interest false more like this
star this property date less than 2019-04-10more like thismore than 2019-04-10
star this property answering body
Ministry of Housing, Communities and Local Government more like this
star this property answering dept id 7 remove filter
star this property answering dept short name Housing, Communities and Local Government more like this
star this property answering dept sort name Housing, Communities and Local Government more like this
unstar this property hansard heading Non-domestic Rates more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Housing, Communities and Local Government, what steps the Department its taking to ensure the affordability of business rates. more like this
star this property tabling member constituency Hendon remove filter
star this property tabling member printed
Dr Matthew Offord more like this
star this property uin 243410 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2019-04-17more like thismore than 2019-04-17
star this property answer text <p>Since Budget 2016 the Government has introduced a range of business rates measures in England, worth over £13 billion over the next five years. These include doubling Small Business Rate Relief from 50 per cent to 100 per cent for eligible businesses and raising the threshold for 100 per cent relief from £6,000 to £12,000. As a result, over 655,000 small businesses –a third of all rateable properties – pay no business rates at all. We have also switched the annual indexation of business rates from the retail price index to the consumer price index, representing a cut in business rates every year. Switching to CPI will help all ratepayers and save them over £6 billion over the next five years. The retail discount announced at the Budget provides eligible retailers with a third off their bills for two years from April 2019.</p> more like this
star this property answering member constituency Richmond (Yorks) more like this
star this property answering member printed Rishi Sunak more like this
star this property question first answered
remove filter
star this property answering member
4483
star this property label Biography information for Rishi Sunak more like this
star this property tabling member
4006
star this property label Biography information for Dr Matthew Offord more like this