Written question asked by James Cleverly (Conservative) on Monday, 15 June 2026, in the House of Commons. It was due for an answer on Wednesday, 17 June 2026. It was answered by Dan Tomlinson (Labour) on Tuesday, 23 June 2026 on behalf of the Treasury.
Retail Trade: Business Rates
- Question
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To ask the Chancellor of the Exchequer, with reference to her Department's policy paper entitled Effects of the business rates retail, hospitality and leisure multipliers and high-value multiplier, 26 November 2025, what is the equivalent cost to the £270 million estimate for the surcharge on distribution warehouses on the retail sub-sector.
- Answer
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The Government has introduced new permanently lower multipliers for eligible retail, hospitality and leisure (RHL) properties. These new multipliers are worth nearly £1 billion per year and benefit over 750,000 properties. The RHL multipliers are being paid for through a high-value multiplier on the top one per cent of most expensive properties, including many large distribution warehouses, such as those used by online giants.
The Government expects total bills paid by the retail sector to be lower in 2026/27 compared to 2025/26.
Secondary information
- Type
- Written question
- Reference
- 9591
- Session
- 2026-27
- Related items
- Subjects
- Business rates Retail trade Warehouses
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-07-16 19:37:33 +0100
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- http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/9591
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