{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "http://eldaddp.azurewebsites.net/answeredquestions.text?hansardHeading=Business+Rates", "definition" : "http://eldaddp.azurewebsites.net/meta/answeredquestions.text?hansardHeading=Business+Rates", "extendedMetadataVersion" : "http://eldaddp.azurewebsites.net/answeredquestions.text?_metadata=all&hansardHeading=Business+Rates", "first" : "http://eldaddp.azurewebsites.net/answeredquestions.text?_page=0&hansardHeading=Business+Rates", "hasPart" : "http://eldaddp.azurewebsites.net/answeredquestions.text?hansardHeading=Business+Rates", "isPartOf" : "http://eldaddp.azurewebsites.net/answeredquestions.text?hansardHeading=Business+Rates", "items" : [{"_about" : "http://data.parliament.uk/resources/1700392", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1700392/answer", "answerText" : {"_value" : "

Small Business Rate Relief (SBRR) is available to businesses with a single property below a set rateable value.<\/p>

<\/p>

At Autumn Statement 2023, the government announced a package of changes and tax cuts worth £4.3 billion, including a freeze to the small business multiplier for the fourth consecutive year in 2024-25, protecting over a million ratepayers from a multiplier increase.<\/p>

<\/p>

<\/strong><\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"} } , "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"} , "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"} , "dateOfAnswer" : {"_value" : "2024-04-22", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2024-04-22T08:57:41.487Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2024-04-12", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business 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, if he will make an assessment of the potential merits of increasing the threshold for business rates relief in line with inflation.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4866", "label" : {"_value" : "Biography information for Alexander Stafford"} } , "tablingMemberConstituency" : {"_value" : "Rother Valley"} , "tablingMemberPrinted" : [{"_value" : "Alexander Stafford"} ], "uin" : "21279"} , {"_about" : "http://data.parliament.uk/resources/1667621", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1667621/answer", "answerText" : {"_value" : "

The Government froze the business rates multiplier for a third consecutive year in 2023-24, a tax cut worth £9.3 billion to business over the next 5 years. Overall, the Government has taken action to hold the tax rate steady, protecting businesses from inflationary pressures over the last three years at a cost of £14.5 billion to the Exchequer.<\/p>

<\/p>

Decisions on future business rates support will be made in due course.<\/p>

<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4407", "label" : {"_value" : "Biography information for Nigel Huddleston"} } , "answeringMemberConstituency" : {"_value" : "Mid Worcestershire"} , "answeringMemberPrinted" : {"_value" : "Nigel Huddleston"} , "dateOfAnswer" : {"_value" : "2023-11-15", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-11-15T15:12:32.927Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-11-07", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business 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 business rates will be in each of the next five years.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4737", "label" : {"_value" : "Biography information for Dehenna Davison"} } , "tablingMemberConstituency" : {"_value" : "Bishop Auckland"} , "tablingMemberPrinted" : [{"_value" : "Dehenna Davison"} ], "uin" : "478"} , {"_about" : "http://data.parliament.uk/resources/1665909", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1665909/answer", "answerText" : {"_value" : "

The Government has taken action to hold the tax rate steady over the last three years, protecting businesses from inflationary pressures at a cost of £14.5 billion to the Exchequer.<\/p>

<\/p>

Most recently, the Government froze the business rates multiplier for a third consecutive year in 2023-24, a tax cut worth £9.3 billion to business over the next 5 years. This will support all ratepayers, large and small, with the revaluation in 2023, meaning bills are 6 per cent lower, before any reliefs or supplements are applied, than without the freeze.<\/p>

<\/p>

Decisions on the level of the multiplier for 2024-25 will be made in due course.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4399", "label" : {"_value" : "Biography information for Victoria Atkins"} } , "answeringMemberConstituency" : {"_value" : "Louth and Horncastle"} , "answeringMemberPrinted" : {"_value" : "Victoria Atkins"} , "dateOfAnswer" : {"_value" : "2023-10-25", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-10-25T07:39:56.763Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-10-18", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business 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, if he will make an assessment of the potential merits of retaining the business rates multiplier at the current level for the 2024-25 financial year.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4066", "label" : {"_value" : "Biography information for Priti Patel"} } , "tablingMemberConstituency" : {"_value" : "Witham"} , "tablingMemberPrinted" : [{"_value" : "Priti Patel"} ], "uin" : "203287"} , {"_about" : "http://data.parliament.uk/resources/1658478", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1658478/answer", "answerText" : {"_value" : "

At the Autumn Statement 2022, the Government announced a freeze to the business rates multiplier for 2023-24, a tax cut worth £9.3 billion over the next five years. This was the third consecutive year the multiplier has been frozen, protecting businesses from inflationary pressures at an overall cost of £14.5 billion.<\/p>

<\/p>

Business rates are an essential form of funding for local government to provide vital public services.<\/p>

<\/p>

The Government keeps all taxes under review.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4726", "label" : {"_value" : "Biography information for Baroness Penn"} } , "answeringMemberPrinted" : {"_value" : "Baroness Penn"} , "dateOfAnswer" : {"_value" : "2023-09-13", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-09-13T13:00:26.103Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-09-05", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business Rates"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask His Majesty's Government what plans they have to reduce the business rate multiplier in England and Wales.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1796", "label" : {"_value" : "Biography information for Lord Taylor of Warwick"} } , "tablingMemberPrinted" : [{"_value" : "Lord Taylor of Warwick"} ], "uin" : "HL9917"} , {"_about" : "http://data.parliament.uk/resources/1639825", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1639825/answer", "answerText" : {"_value" : "

The recent revaluation of business rates, which came into effect on 1 April 2023, ensures rateable values, and therefore bills, more accurately reflect current market values. The Government is legislating for more frequent revaluations, from every 5 years to every 3 years, a key stakeholder ask which will permanently make the system fairer and more responsive for all ratepayers.<\/p>

<\/p>

The Government has also announced a package worth £13.6 billion over the next five years to support businesses with the revaluation, including:<\/p>