Apply for Business Rates Relief
Posted on in Business News , Cycles News , Political News
Retail
ers trading in Scotland and/or Wales are reminded to check their eligibility for business rates relief from April.
Scotland
Retail, hospitality and leisure businesses will get 100% rates relief to 31 March 2022. From 1 April 2022, a 50% relief will be available for the first three months of 2022-23, capped at £27,500 per ratepayer.
To get this relief, a property has to be occupied. Properties that have closed temporarily due to the government's coronavirus advice will be treated as occupied.
Read more about eligibilty and the application process for Scottish retailers here.
Wales
The Welsh Government will be providing an additional £116m package of non-domestic rates relief for businesses in the sectors most directly affected by the Covid-19 pandemic.
Retail, leisure and hospitality ratepayers in Wales will receive 50% non-domestic rates relief for the duration of 2022-23.
Read more about eligibilty and the application process for Welsh retailers here.
No update has yet been announced as to whether England will extend Business Rates relief due to coronavirus past the 2020 to 2021 tax year.