Written questions by Davies.

Whether she plans to introduce a new valuation method for the business rates of grassroots music venues.

Please see the response to UIN 22711 here: https://questions-statements.parliament.uk/written-questions/detail/2025-01-08/22711

What assessment she has made of the potential impact of the reduction in business rate relief on grassroots music venues with a rateable value of over £500,000.

As set out at Autumn Budget 2024, the Government will introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values (RVs) below £500,000, including grassroots music venues, from 2026-27. This permanent tax cut will ensure they benefit from much-needed certainty and support. The Government is sustainably funding this by introducing a higher multiplier on properties with RVs of £500,000 and above. When the new multipliers are set, HM Treasury intends to publish analysis of the effects of the new multiplier arrangements. The Government has met with a wide range of stakeholders on business rates reform. The Transforming Business Rates: Interim Report, published on 11 September, brings together extensive feedback from a broad range of stakeholders and outlines the Government’s next steps to deliver a fairer business rates system that supports investment and is fit for the 21st century.

Whether she had held discussions with grassroots music venues on business rates reform.

As set out at Autumn Budget 2024, the Government will introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties with rateable values (RVs) below £500,000, including grassroots music venues, from 2026-27. This permanent tax cut will ensure they benefit from much-needed certainty and support. The Government is sustainably funding this by introducing a higher multiplier on properties with RVs of £500,000 and above. When the new multipliers are set, HM Treasury intends to publish analysis of the effects of the new multiplier arrangements. The Government has met with a wide range of stakeholders on business rates reform. The Transforming Business Rates: Interim Report, published on 11 September, brings together extensive feedback from a broad range of stakeholders and outlines the Government’s next steps to deliver a fairer business rates system that supports investment and is fit for the 21st century.

Whether she plans to introduce a new valuation method for the business rates of grassroots music venues above the £500,000 rateable venue that (a) have restricted opening hours and (b) cannot make commercial use of their whole space.

Please see the response to UIN 22711 here: https://questions-statements.parliament.uk/written-questions/detail/2025-01-08/22711

What assessment she has made of the effectiveness of Approved Mileage Allowance Payments rates in meeting the costs incurred by employees using their own vehicles for work-related travel.

Approved Mileage Allowance Payments (AMAPs) are used by employers to reimburse an employee’s expenses for business mileage in their private vehicle. These rates are also used by self-employed drivers to claim tax relief on business mileage (simplified motoring expenses).The Government keeps the AMAP rates under review and HMRC use a variety of information in estimating typical motoring costs per business mile. This includes information from the AA, the National Travel Survey, the Association of British Insurers, and the Department for Energy Security and Net Zero.The AMAP rates are intended to reflect both running costs, such as fuel, and a proportion of standing costs, such as insurance, MOT, and depreciation. In estimating typical motoring costs per business mile, the Government must therefore consider the weighting given to each component and how to apportion certain costs.

Whether she has made an assessment of the potential merits of extending business rates relief for small businesses.

Currently, Small Business Rate Relief (SBRR) is available to businesses with a single property below a set rateable value. Eligible properties under £12,000 will 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, which an additional c.60,000 businesses benefit from. The Government is committed to retaining SBRR, which is a permanent relief set down in legislation. As highlighted in the Transforming Business Rates Discussion Paper published at Autumn Budget 2024, 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.

Whether her Department has made an assessment of the potential merits of implementing a (a) minimum and (b) standardised level of service for banking providers at banking hubs.

The Government continues to work closely with industry to roll out 350 banking hubs across the UK. The UK banking sector has committed to deliver these hubs by the end of this Parliament and it is important that services in banking hubs meet the needs of customers. Banking hubs already offer everyday counter services provided by Post Office staff, allowing people and businesses to withdraw and deposit cash, deposit cheques, pay bills and make balance enquiries. They also contain dedicated rooms where customers can see community bankers from their own bank to carry out wider banking services. The Government has been working closely with industry and significant progress has been made in enhancing baseline service standards, ensuring customers can access services without the need to bring their own devices and addressing service gaps. Banking hubs are also currently piloting the use of printers, and some are experimenting with Saturday opening hours to better meet the demand for face-to-face banking services. The Government continues to work closely with industry to enhance service standards in banking hubs.

What assessment he has made of the potential impact of changes to tax relief for orchestras on (a) the financial sustainability of British touring orchestras, (b) profits from international tours and (c) funding needs for orchestras whose funding model is dependent on income from international touring.

Orchestra tax relief is available for costs incurred on goods or services that are used or consumed in the UK. This replaces the previous rule that qualifying costs were those incurred on goods or services provided from the UK or the European Economic Area (EEA). To ease the transition to the new rule, orchestras with concerts in train on 1 April 2024 were permitted to continue claiming relief on goods or services provided from within the EEA until 31 March 2025. It is appropriate to refocus orchestra tax relief on UK expenditure now that the UK has left the EU. Under the new rule, the relief incentivises activity within the UK, rather than the UK and the EEA. This does not prevent qualifying productions from touring in the EEA (nor elsewhere). As with all tax policy changes, a Tax Information and Impact Note was published in 2023 which can be found here: Administrative changes to the creative industry tax reliefs - GOV.UK. The Government keeps all taxes under review.

What recent assessment her Department has made of the Financial Conduct Authority’s handling of misconduct by Safe Hands Plans; and what steps she is taking to strengthen consumer protections in the prepaid funeral plan market.

I refer the honorable member to my response to UIN 41597.