Question
Lord Beecham
Labour
Life peer
Lords
To ask Her Majesty’s Government what estimate they have made of the cost to (1) the NHS, and (2) schools, of increases in business rates following revaluation.
Answered on
27 March 2017
The effect of the revaluation of business rates on schools and NHS bodies will depend on the specific circumstances and location of the relevant property. A £3.6 billion transitional relief scheme will provide support for the minority of properties which face an increase in rates as a result of the 2017 revaluation, and applies equally to public bodies such as the NHS and to schools.