Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he will introduce permanently lower business rates for pubs and what his proposed timetable is for implementing such reforms.
In January, the Government cut every pub, social club and live music venues bill by 15 per cent and ensured bills will be frozen in real terms for a further two years.
As confirmed in July, the Government is now going further by introducing an additional 20 per cent cut for all pubs, social clubs, and all but the very largest live music venues, building on the support already in place. This additional reduction will apply from April 2027.
When taken together, these packages are a tax cut worth an average of over £3,000 per pub next year.
The Chancellor makes decisions on tax policy at fiscal events, and does not routinely comment on proposals.