Question to the Ministry of Housing, Communities and Local Government:

To ask His Majesty's Government, further to the Written Statement by Lord Livermore on 14 May (HLWS9), and further to the Written Answer by Baroness Taylor of Stevenage on 23 April (HL16466), what estimate they have made of total business rate receipts in England, including both local and central lists, in (1) 2024–25, (2) 2025–26, (3) 2026–27, (4) 2027–28, and (5) 2028–29.

Local authority estimates of business rates receipts are published by the department annually:

https://www.gov.uk/government/collections/national-non-domestic-rates-collected-by-councils

Business rates receipts in England are estimated to be £26.4bn in 2024-25, £29.5bn in 2025-26 and £30.6bn in 2026-27. These figures exclude receipts from the central list.

Estimates of Rateable Value for each property on the central list are published by the Valuation Office, which can be used to calculate estimated business rates receipts:

https://www.gov.uk/government/collections/the-central-rating-list

Business rates receipts from the central list are estimated to be £2.1bn in both 2024-25 and 2025-26 and £2.4bn in 2026-27.

For 2027-28 and 2028-29, estimates come from the calculations that support the Office for Budget Responsibility’s forecast. These show that business rates receipts are estimated to be £34.0bn for 2027-28 and £34.8bn for 2028-29 in England, including both local and central lists.