Treasury written question – answered at on 19 December 2025.
Mel Stride
Shadow Chancellor of the Exchequer
To ask the Chancellor of the exchequer, whether 2026-27 business rate transitional reliefs should be calculated using base liabilities which include the application of Retail, Hospitality and Leisure rate relief in 2025-26.
Dan Tomlinson
The Exchequer Secretary
The government has announced support for those losing RHL relief through an expanded Support Small Business scheme which caps bill increases at the higher of £800 or the relevant TR cap. The SSB cap applies to the ratepayers’ current bill, including the 40% RHL relief they are currently receiving, before changes in other reliefs and local supplements.
This is part of a generous support package worth £4.3 billion over the next 3 years, including support to help ratepayers to transition to their new bill.
Yes1 person thinks so
No0 people think not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
