Business Rates: Tax Allowances

(asked on 28th August 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to his Department's guidance entitled Business Rates Multipliers: Qualifying Retail, Hospitality or Leisure, updated on 30 March 2026, for what policy reason (a) banking hubs and (b) cash machines on high streets are excluded from the Retail, Hospitality and Leisure multiplier.


Answered by
James Murray Portrait
James Murray
Financial Secretary to the Treasury and Paymaster General
This question was answered on 8th September 2026

Banking hubs and cash machines are excluded because their primary function is the provision of financial services rather than retail, hospitality or leisure activity. Their location on a high street does not, in itself, bring them within the scope of the RHL multipliers.

Reticulating Splines