Department for Business and Trade written question – answered at on 25 May 2023.
Chris Green
Conservative, Bolton West
To ask the Secretary of State for Business and Trade, what steps she is taking to support garden centres.
Kevin Hollinrake
Parliamentary Under Secretary of State (Department for Business and Trade)
The Autumn Statement 2022 announced a package of changes to business rates worth £13.6bn over the next 5 years in lower bills. This includes a freeze to the multiplier, scrapping the downward revaluation cap and extending and increasing the generosity of the Retail, Hospitality and Leisure Relief from 50% to 75% in 2023-24.
This is in addition to the Energy Bills Discount Scheme; the increased Employment Allowance of £5,000 and setting the Annual Investment Allowance at £1 million permanently. This is a comprehensive package of support which will help protect businesses such as garden centres.
Yes1 person thinks so
No0 people think not
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