COVID-19 – Expanded Retail Discount Scheme
The government has launched an Expanded Retail Discount Scheme, providing 100% business rates reliefs to certain businesses in 2020/21, regardless of their rateable value. Please note that this applies to England only.
Properties that will benefit from the relief will be occupied hereditaments that are wholly or mainly being used as: shops, restaurants, cafes, drinking establishments, cinemas and live music venues; assembly and leisure; hotels, guest & boarding premises, and self-catering accommodation.
How much relief will be available?
The total amount of government-funded relief available for each property for 2020/21 under this scheme is 100% of the bill, after mandatory reliefs and, with the exception of the 2020/21 pubs discount.
Detailed guidance relating to the relief can be found here.