Children: Day Care

Treasury written question – answered on 27th February 2020.

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Photo of Conor McGinn Conor McGinn Opposition Whip (Commons)

To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the effect of business rates on the ability of registered childcare providers to remain financially viable in England.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

The Government appreciates that business rates can represent a high fixed cost for small businesses. Childcare providers may be eligible for Small Business Rates Relief, where the smallest businesses pay no business rates at all. All childcare providers will benefit from the change from RPI to CPI indexation of business rates.

The Government will be conducting a fundamental review of business rates.

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