Bookshops: Non-domestic Rates

(asked on 9th October 2018) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government what assessment they have made of the impact of recent increases in business rates on the sustainability of local high street bookshops in England.

This question was answered on 22nd October 2018

The Ministry of Housing, Communities and Local Government has not made an assessment of the impact of the revaluation on bookshops. The Government has introduced a range of business rates reforms and measures to support businesses, including bookshops, worth over £10 billion by 2023.

This includes, from April 2017, permanently doubling Small Business Rate Relief and raising the threshold for relief meaning that over 600,000 small businesses now pay no business rates at all, and helping all business by switching the measure of inflation, used for the indexation of rates, from Retail Price Index to Consumer Price Index.

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