Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she plans to take steps to lower business rates on early years education settings.
Business rates are a broad-based tax on the value of non-domestic properties, including early years education settings. At the Budget, the Government announced a £4.3 billion support package to support ratepayers across all sectors seeing bill increases. As a result of the Budget package, over half of ratepayers will see no bill increases. This also means most properties seeing increases will see them capped at 15% or less next year, or £800 for the smallest.
More broadly, in 2026-27, DfE expect to provide over £9.5 billion for childcare entitlements for children aged from 9 months to 4 years. This is over £1 billion more compared to 2025-26, as it delivers a full year of the expanded 30 hours entitlements for working parents and an above inflation increase to funding rates.