Business Rates

(asked on 5th March 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what their latest estimate is of the level of total business rate receipts to be raised in England in (1) 2025-26, (2) 2026-27, and (3) 2027-28; and what their working estimate is of the cost of the new Pubs and Live Music Venues Relief in each year of the 2026 revaluation cycle.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 19th March 2026

Details on business rates receipts for FY25/26, FY26/27and FY27/28 are set out in the OBR’s economic and fiscal outlook. Forecast receipts are £33.7bn, £37.1bn and £37.9bn respectively.

The further support for pubs and live music venues was scored at the Spring Statement. The impacts on total receipts in FY26/27, FY27/28 and FY28/29 are £94m, £138m and £204m respectively.

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