Treasury written question – answered at on 6 November 2024.
David Simmonds
Opposition Whip (Commons), Shadow Parliamentary Under Secretary (Housing, Communities and Local Government), Shadow Minister (Levelling Up, Housing and Communities)
To ask the Chancellor of the Exchequer, what data the Valuation Office Agency holds on the rateable value of (a) farms and (b) farmland.
James Murray
The Exchequer Secretary
Farms and farmland, if used by the occupier for agricultural purposes, are exempt from non-domestic rating under Schedule 5 to the Local Government Finance Act 1988. Consequently, agricultural land and buildings are not included in rating lists and no rateable values are shown, so the Valuation Office Agency does not hold any relevant information.
Yes1 person thinks so
No1 person thinks not
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