{"value":{"id":1752277,"askingMemberId":4474,"askingMember":null,"house":"Commons","memberHasInterest":false,"dateTabled":"2025-01-03T00:00:00","dateForAnswer":"2025-01-07T00:00:00","uin":"21634","questionText":"To ask the Chancellor of the Exchequer, what steps her Department is taking to support small high street businesses reliant on Small Business Rate Relief.","answeringBodyId":14,"answeringBodyName":"Treasury","isWithdrawn":false,"isNamedDay":false,"groupedQuestions":[],"answerIsHolding":false,"answerIsCorrection":false,"answeringMemberId":4797,"answeringMember":null,"correctingMemberId":null,"correctingMember":null,"dateAnswered":"2025-01-13T00:00:00","answerText":"<p>Small Business Rate Relief (SBRR) is available to businesses with a single property below a set rateable value. Eligible properties under £12,000 receive 100 per cent relief, which means over a third of businesses in England (more than 700,000) pay no business rates at all. There is also tapered support available to properties valued between £12,000 and £15,000.</p><p> </p><p>The Government has no plans to withdraw SBRR, which is a permanent relief set down in legislation. As highlighted in the <em>Transforming Business Rates </em>Discussion Paper, the Government is interested in hearing stakeholders’ views on the extent to which the current system acts as a barrier to investment and specifically, whether the current eligibility criteria for SBRR impacts businesses' incentives to invest and expand into a second property.</p><p> </p>","originalAnswerText":"","comparableAnswerText":"","dateAnswerCorrected":null,"dateHoldingAnswer":null,"attachmentCount":0,"heading":"Small Businesses: Business Rates","attachments":[],"groupedQuestionsDates":[]},"links":[{"rel":"self","href":"/Questions/1752277","method":"GET"}]}