Business Rates announcements

The Government have announced additional national Business Rates measures that will apply from 1 April 2020.

Retail discount

The 100% Expanded Retail Discount available to retail, hospitality and leisure properties from 1 April 2020 has now been extended for eligible properties as follows:

• 100% for the period 1^st April 2021 to 30^th June 2021; followed by

• 66% for the period 1^st July 2021 to 31^st March 2022, with a maximum discount of:
  •      £2 million for business that were required to close on 5^th January 2021; or
  •      £105,000 for business that were permitted to remain open at 5^th January 2021.

View more information about the retail discount scheme.

Nursery discount

The 100% Nursery Discount available from 1 April 2020 for properties occupied by providers on Ofsted's Early Years Register for the provision of the Early Years Foundation Stage has been extended as follows:

• 100% for the period 1st April 2021 to 30th June 2021; followed by
• 66% for the period 1st July 2021 to 31st March 2022, up to a maximum of £105,000.

View more information about the nursery discount.

Local Newspaper relief

Offices occupied by Local Newspapers will receive an annual £1,500 discount for five years from 1 April 2020 until 31 March 2025.