Question to the HM Treasury:

To ask the Chancellor of the Exchequer, for what reason (a) racehorse training yards and (b) racecourses have been removed from the Retail, Hospitality, and Leisure business rate relief scheme.

The Government is introducing new permanently lower business rates tax rates for retail, hospitality and leisure (RHL) properties with rateable values below £500,000.

On 16 October 2025, the Government published legislation and accompanying guidance detailing the eligibility criteria for the new multipliers. To ensure the new tax rates are appropriately targeted, only properties that are wholly or mainly used for providing RHL activity (as defined in legislation) to visiting members of the public are eligible for the new multipliers.