Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate his Department has made of the number of leisure and hospitality businesses that would benefit from an increase in the business rate relief threshold to £150,000.
The business rates holiday for eligible retail, hospitality and leisure properties in 2020-21 does not have a rateable value threshold, meaning properties of any size can benefit.
The Chancellor announced the removal of the previous £51,000 threshold from this relief on 17 March 2020.