Did you mean "business rate"?
Tom Arthur: ...000 properties in South Lanarkshire were in receipt of small business bonus scheme relief. The Scottish budget for 2024-25 maintains the small business bonus scheme, which is the most generous small business rates relief scheme in the United Kingdom, offering up to 100 per cent relief for eligible properties.
James Murray: To ask the Chancellor of the Exchequer, with reference to question 1 of his Department's consultation on business rates avoidance and evasion, published in July 2023, and to page 37 of his Department's publication entitled, Spring Budget 2024: Policy Costings, published in March 2024, whether his Department made an estimate of the Exchequer impact of extending the reset period for empty...
James Murray: To ask the Chancellor of the Exchequer, with reference to page 37 of his Department's publication entitled, Spring Budget 2024: Policy Costings, published in March 2024, if he will publish the figures used by his Department for the size of the tax base in calculating those costings.
Baroness Scott of Bybrook: ...%. We hope that this will allow local authorities greater resources to allocate towards what we know is important housebuilding in the social rented sector. The noble Lord, Lord Shipley, brought up business rates. We have ensured that all current enhanced business rate retention areas will continue for the next year. During this time, the Government will continue to review the role of...
Julia Lopez: ...will make an important contribution to the sustainability of the press. Additionally, our support for the sector has included the delivery of a £2 million Future News Fund, the extension of a 2017 business rates relief on local newspaper office space until 2025; the publication of the Online Media Literacy Strategy; and our work through the Mid-Term Review of the BBC Charter to encourage...
Baroness Vere of Norbiton: The 2023 business rates revaluation updated ratable values to ensure bills more closely reflect the commercial property market and ensured the burden of rates falls across all non-domestic properties. Furthermore, at Autumn Statement 2023, the government announced a package of business rates support worth £4.3 billion over the next five years to support small businesses and the high street.
Nigel Huddleston: The government has announced that eligible film studios in England will receive a 40% reduction on gross business rates bills until 2034 which is a tax cut worth £470 million over the next 10 years. This will ensure that existing studios remain competitive and support new studio investments in England. The most recent statistics from 2019 indicate that film and high-end TV alone contributed...
Jeremy Hunt: At the spring Budget, the Government announced a package of tax reliefs for our world-leading creative industries worth £1 billion over the next five years, including a 40% relief on business rates for eligible film studios in England and enhanced tax reliefs for visual effects.
James Davies: The Welsh Government are increasing the burden on small businesses by reducing retail, hospitality and leisure business rates relief from 75% to just 40%, despite the UK Government rightly extending that relief in England in the Budget. That means that businesses in my constituency, such as the Little Cheesemonger, Now to Bed, Presents with a Difference and Tu Mundo, are all facing...
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.