Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of extending business rates improvement relief to property owners as well as occupiers.

The responsibility for paying business rates falls on the occupier of the property. Property owners could be eligible for Improvement Relief if they meet the eligibility criteria, such as completing qualifying works, and occupying the property during and after the improvement works have taken place.

The Call for Evidence published at Budget sought further evidence on the role business rates and reliefs play in investment, including Improvement Relief and Empty Property Relief. Transforming the business rates system is a multi-year process, and any reforms taken forward will be phased over the course of the Parliament.