Expanded Retail Discount
The government announced in the Budget on 29 October 2018 that it would provide a business rates retail discount, to apply in the years 2019/20 and 2020/21.
In response to the coronavirus, the government announced that it would increase the discount to 100% for 2020/21 and expand it to include the leisure and hospitality sectors. There will be no rateable value limit on the relief.
Do I qualify?
The discount will apply to all occupied retail, leisure and hospitality properties in the year 2020/21
When will I receive a new bill?
All businesses have now been issued with revised bills showing the 100% discount