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1506059

	registered interest
	date	07/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Business: Closures
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, how many high street businesses in (a) England and (b) Battersea constituency have closed each year in the last five years; and whether the Government has plans to make changes to the business rates system.
	tabling member constituency	Battersea
	tabling member printed	Marsha De Cordova
	uin	49265
	answer	answer is ministerial correction date of answer 28/09/2022 answer text The most recent review of Business Rates concluded at Autumn Budget 2021. The review reaffirmed the importance of business rates for raising revenue for essential local services and announced a £7 billion package of measures including a new temporary 50 per cent relief for retail, hospitality, and leisure in 2022-23, freezing the multiplier for another year, and extending schemes to support small businesses. Business rates raise over £25 billion a year in England to fund vital local services. The Government is not able to release the specific information requested due to contractual agreements with data providers. The Government keeps all taxes under review. Any future decisions regarding the tax system will be taken in line with the normal Budget process. answering member constituency North East Bedfordshire answering member printed Richard Fuller question first answered 28/09/2022 16:18:10 answering member 3912 label Biography information for Richard Fuller
	tabling member	4676 label Biography information for Marsha De Cordova

1506056

	registered interest
	date	07/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Retail Trade: Business Rates
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps he is taking to ensure that business rates bills do not cause high street shops in (a) Battersea and (b) the rest of the UK to close.
	tabling member constituency	Battersea
	tabling member printed	Marsha De Cordova
	uin	49262
	answer	answer is ministerial correction date of answer 14/09/2022 answer text <p>The most recent review of business rates concluded at Autumn Budget 2021. The review reaffirmed the importance of business rates for raising revenue for essential local services and announced a £7 billion package of measures to support business over the next 5 years.</p><p> </p><p>This includes a freeze to the business rates multiplier in 2022-23, which will support all ratepayers, large and small, meaning bills are 3 per cent lower than without the freeze. The Government has also introduced a new temporary relief for retail, hospitality, and leisure in 2022-23, worth almost £1.7 billion to the sector. These measures will support the businesses that make our high streets and town centres successful.</p><p> </p><p>As with all taxes, HM Treasury keeps business rates under review.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 49263 49266 question first answered 14/09/2022 09:53:54 answering member 3912 label Biography information for Richard Fuller
	tabling member	4676 label Biography information for Marsha De Cordova

1506057

	registered interest
	date	07/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Business Rates: Battersea
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what steps his Department is taking to support local businesses in Battersea through reforming the business rates system.
	tabling member constituency	Battersea
	tabling member printed	Marsha De Cordova
	uin	49263
	answer	answer is ministerial correction date of answer 14/09/2022 answer text <p>The most recent review of business rates concluded at Autumn Budget 2021. The review reaffirmed the importance of business rates for raising revenue for essential local services and announced a £7 billion package of measures to support business over the next 5 years.</p><p> </p><p>This includes a freeze to the business rates multiplier in 2022-23, which will support all ratepayers, large and small, meaning bills are 3 per cent lower than without the freeze. The Government has also introduced a new temporary relief for retail, hospitality, and leisure in 2022-23, worth almost £1.7 billion to the sector. These measures will support the businesses that make our high streets and town centres successful.</p><p> </p><p>As with all taxes, HM Treasury keeps business rates under review.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 49262 49266 question first answered 14/09/2022 09:53:54 answering member 3912 label Biography information for Richard Fuller
	tabling member	4676 label Biography information for Marsha De Cordova

1506060

	registered interest
	date	07/09/2022
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Business Rates
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, whether he has had recent discussions with relevant stakeholders on reducing the headline rate of business rates.
	tabling member constituency	Battersea
	tabling member printed	Marsha De Cordova
	uin	49266
	answer	answer is ministerial correction date of answer 14/09/2022 answer text <p>The most recent review of business rates concluded at Autumn Budget 2021. The review reaffirmed the importance of business rates for raising revenue for essential local services and announced a £7 billion package of measures to support business over the next 5 years.</p><p> </p><p>This includes a freeze to the business rates multiplier in 2022-23, which will support all ratepayers, large and small, meaning bills are 3 per cent lower than without the freeze. The Government has also introduced a new temporary relief for retail, hospitality, and leisure in 2022-23, worth almost £1.7 billion to the sector. These measures will support the businesses that make our high streets and town centres successful.</p><p> </p><p>As with all taxes, HM Treasury keeps business rates under review.</p> answering member constituency North East Bedfordshire answering member printed Richard Fuller grouped question UIN 49262 49263 question first answered 14/09/2022 09:53:54 answering member 3912 label Biography information for Richard Fuller
	tabling member	4676 label Biography information for Marsha De Cordova