PARLIAMENTARY WRITTEN QUESTION
Non-domestic Rates (22 February 2017)
Question Asked
Asked by:
Kevin Hollinrake (Conservative)
Answer
The effect of the revaluation of business rates on businesses in areas where there is population of 10,000 or less and 3,000 or less will depend on the specific circumstances and location of the relevant property. A £3.6 billion transitional relief scheme will provide support to properties which face an increase in rates. My Department is working closely with the Treasury to determine how best to provide further support to businesses facing the steepest increases. We expect to be in a position to make an announcement on this at the Budget.
Answered by:
Mr Marcus Jones (Conservative)
2 March 2017
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