From April 2018 the Government switched the annual indexation of the business rates multiplier from RPI to the lower rate of CPI inflation.<\/p>
<\/strong><\/p> This change is worth almost £6bn over the next five years and benefits all ratepayers, large and small.<\/p> <\/p> The Government is also increasing the frequency of property revaluations, from every five years to every three, so that bills are fairer and more closely reflect properties\u2019 current rental values.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3991", "label" : {"_value" : "Biography information for Jesse Norman"}
}
, "answeringMemberConstituency" : {"_value" : "Hereford and South Herefordshire"}
, "answeringMemberPrinted" : {"_value" : "Jesse Norman"}
, "dateOfAnswer" : {"_value" : "2019-07-11", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2019-07-11T08:35:36.437Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2019-07-08", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Retail Trade: Non-domestic Rates"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what steps he is taking through the business rate system to support large retailers that act as anchor stores.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4569", "label" : {"_value" : "Biography information for Jim McMahon"}
}
, "tablingMemberConstituency" : {"_value" : "Oldham West and Royton"}
, "tablingMemberPrinted" : [{"_value" : "Jim McMahon"}
], "uin" : "274605"}
], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]}
}