Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether he has plans to abolish the Fibre Tax.
The government is introducing a five-year business rates relief for new fibre infrastructure to support the rollout of new fibre broadband infrastructure and future 5G communications to homes and businesses.
In terms of their rates liability on existing fibre, telecom networks will benefit from recent measures to reduce the burden of business rates by over £10bn by 2023.