Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the number of jobs protected in industries eligible for the business rates suspension in the financial year 2020-2021.
About 400,000 businesses are expected to receive over £10 billion in business rates relief as part of the Government’s support for the economy during the coronavirus pandemic.
Combined with Small Business Rate Relief this means that over half of all ratepayers will pay no business rates in 2020/21.