Non-Domestic Rates: Retail Trade

To ask the Chancellor of the Exchequer what the total rateable value is of hereditaments classified as retail properties; and for how many such properties the rateable value is (a) under £5,000, (b) between £5,000 and £14,999, (c) between £15,000 and £24,999, (d) between £25,000 and £49,999, (e) between £50,000 and £99,999, (f) between £100,000 and £499,999 and (g) at least £500,000. (316909)

[holding answer 22 February 2010]: The Valuation Office Agency identifies the various types of property contained in the rating lists by the use of a Specialist (SCAT) code.

These data are consistent with the statistical release titled: "Non-domestic Rateable Values: 2010 Local Ratings Lists—England and Wales", published on 18 December 2009. A copy of the statistical release is available at the following link:

http://www.voa.gov.uk/publications/statistical_releases/VOA_Statistics_Release_Final.pdf

*Properties with a 'Retail' SCAT code of 021, 024, 086, 097, 098, 106, 139, 152, 154, 155, 210, 235, 243, 249, 251, 417, 425, 429, 442, 504, 507, 508*
	England	Wales	Total
Rateable value	Number hereditaments (Thousand)	Total rateable value (£ million)	Number hereditaments (Thousand)	Total rateable value (£ million)	Number. hereditaments (Thousand)	Total rateable value (£ million)
Below 5,000	142	447	12	35	154	482
Between 5,000 and 14,999	195	1,696	10	82	205	1,779
Between 15,000 and 24,999	52	988	2	45	54	1,033
Between 25,000 and 49,999	40	1,400	2	63	42	1,463
Between 50,000 and 99,999	22	1,543	1	69	23	1,613
Between 100,000 and 499,999	21	4,223	1	208	22	4,431
500,000 or over	4	4,458	0	204	4	4,662
Total	476	14,755	29	707	505	15,462

Volume 506: debated on Tuesday 2 March 2010