Coronavirus: Business Rates Relief and Grants

Business Rates Holiday

A 12-month business rates holiday for all retail, hospitality and leisure businesses in England has been confirmed.

  • Eligible businesses include properties used for; shops, restaurants, cafes, drinking establishments, cinemas, live music venues, assembly and leisure, hotels, guest and boarding premises and self-catering accommodation.
  • The Local Government Association and the Tourism Alliance have identified some tourism businesses that are not explicitly mentioned in the guidance, but it is felt that they fall into the intended category. Councils are being asked to give consideration to the premises listed below for inclusion in their local schemes.
  • The Government will introduce a business rate retail holiday for retail, hospitality and leisure businesses in England for the 2020 to 2021 tax year.
  • Businesses that received the retail discount in the 2019 to 2020 tax year will be rebilled by their local authority as soon as possible.
  • There is no action for you. This will apply to your next council tax bill in April 2020. However, local authorities may have to reissue your bill automatically to exclude the business rate charge.
  • You can estimate the business rate charge you will no longer have to pay this year using the business rates calculator.
  • Any enquiries on eligibility for, or provision of, the reliefs should be directed to the relevant local authority through the links we have provided or the new Business Support Helpline: 03333 602300 (Monday to Friday, 8.30am to 6.30pm)
  • Guidance for local authorities is available here

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Small Business Grants

The Retail and Hospitality Grant Scheme provides businesses in the retail, hospitality and leisure sectors with a cash grant of up to £25,000 per property.

  • Businesses in these sectors with a rateable value of under £15,000 or any business currently eligible for Small Business Rates Relief (SBRR)  or Rural Rate Relief (RRR) and Tapered Relief will receive a £10,000 one-off grant to meet ongoing business costs.
  • Businesses in these sectors with a rateable value between £15,001 and £51,000 will receive a £25,000 one-off grant to meet ongoing business costs.
  • Eligible businesses include properties used for; shops, restaurants, cafes, drinking establishments, cinemas, live music venues, assembly and leisure, hotels, guest and boarding premises and self-catering accommodation. A full list is available here
  • If your business is eligible, you will be contacted by your local authority – you do not need to apply but you may need to complete a form for them to be able to pay the grant to you.
  • Funding for the scheme has been provided to local authorities by government and is available now.
  • Any enquiries on eligibility for, or provision of, the reliefs should be directed to the relevant local authority through the links we have provided or through the new Business Support Helpline: 03333 602300 (Monday to Friday, 8.30am to 6.30pm)  
  • Click here for a list of frequently asked questions regarding the grant funding schemes    

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Update on business rates relief for the hospitality and leisure sector

Further to the guidance published earlier this week on business rate relief the Local Government Association and the Tourism Alliance have identified some tourism businesses that are not explicitly mentioned in the guidance, but it is felt that they fall into the intended category. Councils are being asked to give consideration to the premises listed below for inclusion in their local schemes:

  • Amusement arcades
  • Vehicle rental sites
  • Conference and exhibition venues
  • Travel and tour operators
  • Tourism information centres
  • Tourism boards /  destination management organisations
  • Coach operators
  • English language schools
  • Travel/hospitality industry charities (offices)
  • Marinas/boat hire/passenger boat facilities

 

Find more information from your local authority and how to access the grants