Business Rates: Tax Yields

(asked on 28th August 2026) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the answer of 29 June 2026 to Question 11414, on Business Rates: Tax Yields, what is the reason for the 8 per cent in the department's estimated increase in business rate receipts from 2028-29 to 2029-30.


Answered by
Jim McMahon Portrait
Jim McMahon
Parliamentary Under-Secretary (Housing, Communities and Local Government)
This question was answered on 4th September 2026

The increase in the department’s estimated business rate receipts from 2028-29 to 2029-30 in the answer to Question 11414 published on 29 June 2026 reflects a number of factors, including the impact of the next business rates revaluation expected in 2029-30, the ending of transitional relief associated with the 2026 revaluation, and the ending of Supporting Small Business Relief in 2028-29. The forecast also assumes continued growth in the business rates tax base and incorporates increases linked to forecast CPI inflation.

As is usual, any transitional relief support aligned to the 2029 revaluation will be considered and announced once the effects of the 2029 revaluation are known.

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