PARLIAMENTARY WRITTEN QUESTION
Agriculture: Business Rates (30 October 2024)
Question Asked
To ask the Chancellor of the Exchequer, what data the Valuation Office Agency holds on the rateable value of (a) farms and (b) farmland.
Asked by:
David Simmonds (Conservative)
Asked by:
David Simmonds (Conservative)
Answer
Farms and farmland, if used by the occupier for agricultural purposes, are exempt from non-domestic rating under Schedule 5 to the Local Government Finance Act 1988. Consequently, agricultural land and buildings are not included in rating lists and no rateable values are shown, so the Valuation Office Agency does not hold any relevant information.
Answered by:
James Murray (Labour)
6 November 2024
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