Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the merits of replacing business rates with a land value tax.

The Government is committed to creating a fairer business rates system over the course of this Parliament that protects the high street, supports investment, and is fit for the 21st century.

The Call for Evidence on business rates and investment, published at Budget 2025, built on the findings of the Transforming Business Rates Discussion Paper and asked stakeholders for more detailed evidence on how the business rates system influences investment decisions. The Government are carefully considering representations received, and a Government response to the Call for Evidence will be published in due course.