1-3 of 3 results for subject:Surcharges
Librarians' tools
- Search time
- 0.249 seconds
- Solr query time
- 0.002 seconds
- Search query
- subject:Surcharges
- We searched for
- subject_t:Surcharges OR subject_ses:93172
Type
House
Session
Year
Department
Member
Primary member
More
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask the Minister for the Cabinet Office, who is responsible for paying the council tax surcharge on Chequers.
To ask the Minister for the Cabinet Office, who is responsible for paying the council tax surcharge on Chequers.
Chequers is owned by The Chequers Trust, and therefore payment of Council Tax is not a matter for the government.
To ask the Chancellor of the Exchequer, if she will make it her policy to exempt film studios from the business rates surcharge for hereditaments with a rateable value over £500,000.
To ask the Chancellor of the Exchequer, if she will make it her policy to exempt film studios from the business rates surcharge for hereditaments with a rateable value over £500,000.
At Autumn Budget 2024, the Government announced an intention to introduce a higher business rates multiplier on the most valuable properties – those with Rateable Values (RVs) of £500,000 and above – from April 2026 to fund permanently lower multipliers for retail, hospitality and leisure (RHL) properties.
This permanent tax cut will ensure that RHL businesses benefit from much-needed certainty. The Government intends to fund this by introducing a higher multiplier on all properties with an RV of £500,000 and above – these represent less than one per cent of properties. The final details of the new higher multiplier will be set at Budget 2025.
Eligible film studios in England benefit from 40 per cent business rates relief. Business rates bills are calculated by applying the relevant multiplier first, meaning film studios receive 40 per cent relief on their total liability.
To ask the Chancellor of the Exchequer, what assessment (a) her Department and (b) the Valuation Office Agency has been of the potential impact on airports of the (a) surcharge on business hereditaments above £500,000 Rateable Value from 2026-27 and (b) 2026 rates revaluation.
To ask the Chancellor of the Exchequer, what assessment (a) her Department and (b) the Valuation Office Agency has been of the potential impact on airports of the (a) surcharge on business hereditaments above £500,000 Rateable Value from 2026-27 and (b) 2026 rates revaluation.
The Valuation Office Agency (VOA) conducts analysis of changes in rateable value to prepare for regular revaluations. The VOA is currently working on a revaluation of all non-domestic properties, which will come into effect on 1 April 2026. The revaluation is not yet complete, and the VOA expect to publish draft valuations by the end of 2025. For the upcoming 2026 revaluation, as with other revaluations, the VOA is receiving ongoing representations from the airport sector.
As set out at Budget, the Government intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, with rateable values below £500,000 from 2026-27. This permanent tax cut will ensure that they benefit from much-needed certainty and support. The Government intends to fund this by introducing a higher multiplier on all properties with a rateable value (RV) of £500,000 and above.
The Government will confirm the rates for the new multipliers at Budget 2025, taking account of the outcomes of the 2026 revaluation as well as the broader economic and fiscal context.
Tax policy and legislation is not subject to the Better Regulation Framework Guidance which requires an Impact Assessment to accompany policy decisions. Nevertheless, when the new multipliers are set at Budget 2025, the Treasury intends to publish analysis of the effects of the new multiplier arrangements.