Did you mean "business rate"?
Lord Northbrook: ...the fiscal year with the largest year-on-year drop in living standards since ONS records began in the 1950s. Looking in more detail at government income, I find it depressing that the tax take from business rates is forecast to increase by 33% in the next five years— a huge extra burden on already struggling businesses. When items such as welfare expenditure are forecast to rise by 38%...
Gareth Davies: ...investment zones; we don't see investment in our town centres, like Rhyl; we don't see investment into Welsh businesses, which are investments that will pay for themselves in the long term. We see business rates relief cut; culture and arts cut; and increasing amounts of money funnelled into fiscal black holes and schemes that no-one wanted in Wales, or no-one asked for, like the universal...
Mark Isherwood: ...with resources to make good applications at the expense of the rest. She referred to poor car parking and transport infrastructure being key barriers to people visiting town centres and referred to business rates relief reductions being key, particularly when you look at comparative figures across the border and noted that town centres are economic and social hubs for communities. Luke...
Peter Fox: ..., not one where businesses struggle to survive. This supplementary budget saw non-domestic rate relief cut by £31 million, which is drastic considering businesses in Wales pay the highest rate of business rates in Great Britain. To make matters worse, funding was provided by the UK Government to enable a cut in business rates for the hospitality, retail and leisure sectors, but this...
Gareth Davies: .... This follows £20 million given to Denbighshire County Council from the previous year's levelling-up fund. This is welcome news for the regeneration of Rhyl's town centre, following the cuts to business rates in the Welsh Government's budget, which has left many businesses anxious amongst rising costs and lower footfall, sadly. Shopping habits have also changed dramatically, with a huge...
Peter Fox: ..., as I'm sure, Minister, you would agree. Welsh businesses should not be disadvantaged by operating in Wales, but we know that, in Wales, they are disadvantaged through paying the highest rates of business rates, for instance, in the United Kingdom. Minister do you agree with me that our economy should be a priority and that the next First Minister and his Government should introduce...
Julia Lopez: ...on tickets to 5%. Further, over £3 million was provided during the pandemic from the Emergency Grassroots Music Venues Fund. Music venues are also eligible for the Retail, Hospitality and Leisure Business Rates Relief, with a 75% relief up to a cash cap limit of £110,000 per business. This relief was extended for a further year during the Chancellor’s Autumn Statement. DCMS and DLUHC...
Julia Lopez: ...on tickets to 5%. Further, over £3 million was provided during the pandemic from the Emergency Grassroots Music Venues Fund. Music venues are also eligible for the Retail, Hospitality and Leisure Business Rates Relief, with a 75% relief up to a cash cap limit of £110,000 per business. This relief was extended for a further year during the Chancellor’s Autumn Statement. DCMS and DLUHC...
Julia Lopez: ...businesses and offer opportunities for cast and crew across the UK. This is why in the Spring Budget we have announced a number of generous tax reliefs for the sector, including a 40% relief on business rates for eligible studio spaces in England until 2034 and a 5% increase in tax relief for visual effects costs, which will not be subject to the 80% cap in the High End TV Audio-Visual...
Murdo Fraser: ...much and was much welcomed by the business sector in Scotland, which is now sadly disappointed, because all that the Scottish Government’s budget delivered was tax hikes, with no passing on of business rates cuts, but cuts to enterprise, trade, employability, skills, colleges and universities. That is why the business community in Scotland is looking for a lot more from the Government. I...
David Davies: ...industries and investing in high-growth industries, such as advanced manufacturing. That is in stark contrast to the Welsh Labour Government’s anti-business agenda; Wales has some of the highest business rates in the whole United Kingdom. It is interesting that the hon. Member for Cardiff Central (Jo Stevens) thinks that having the highest business rates in the United Kingdom is funny.
David Davies: ...with this commission. They should be sorting out the longest NHS waiting lists in the UK and doing something about the fact that we have the lowest educational standards and some of the highest business rates in the UK. As a result of the last bit of legislation, we also have some of the slowest speed limits in the UK. It is time the Welsh Labour Government addressed the real priorities of...
Sarah Edwards: ...to consult on changes to the plans. Our communities are being cut out of conversations around regeneration. Without them, we fail to plan for our future. Labour offers a review of current business rates that do not support businesses, in an economy that has fallen off the tracks. Speaking of which, my constituency is a graveyard to HS2—£92 billion has been squandered on a badly...
Caoimhe Archibald: ...businesses. Over 4,400 manufacturing firms will continue to be supported by 70% off their rates through industrial derating. That relief is unique to this jurisdiction. In addition to the existing business rates support, I intend to reintroduce the Back in Business scheme. It will help to reduce the number of vacant retail units in our high streets, support new enterprises and attract...
Gareth Davies: ...industries make us a soft-power superpower, but they are also a key driver of economic growth that supports more than 2 million jobs domestically. That is why we have announced a film studio business rates relief to reduce bills by some 40%, a tax credit for UK independent films, and more funding for the National Film and Television School. This Government will also make the current tax...
Rachael Maskell: ...for Levelling Up, Housing and Communities, what steps he is taking to help new businesses access high street premises; and whether he has made an assessment of the potential merits of reforming business rates to help facilitate this access.
Stephen Kinnock: ...our vital steel industry. We on these Benches are also committed to supporting small businesses. We will legislate to tackle late payments, unlocking £20 billion in unpaid invoices. We will scrap business rates, and replace them with a system that is fairer for bricks and mortar businesses. These are the kind of growth measures we need to get Aberavon, Wales and Britain firing on all...
Kevin Hollinrake: We understand the many challenges businesses in the hospitality and retail sectors are facing, which is why Government is supporting businesses with business rates relief and help with energy costs. We are also working across Government to identify opportunities to ease regulatory burdens. We continue to work with members of the Hospitality Sector Council, to deliver our 2021 Hospitality...
Rachael Maskell: To ask the Secretary of State for Business and Trade, whether she has had recent discussions with (a) hospitality and (b) retail stakeholders on business rates.
Kenny MacAskill: To ask the Secretary of State for Business and Trade, pursuant to the Answer of 29 February 2024 to Question 15770 on District Heating: Business Rates, for what reason the figure of £315,000 was chosen; and whether she has plans to review it.