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26 Apr 2022

The annual celebration of bike shops across the nation is fast approaching! Be sure to pop down to your local bike shop this Saturday to get a taste of the passion, knowledge and personalised...

21 Apr 2022

On Local Bike Shop Day 4 lucky customers that purchase a bike through Cyclescheme will be awarded a £250 cycling voucher for the store they collect the bike from! In addition to offering a...

21 Apr 2022

Cytech are attending the Cycle Show and will be demonstrating key practices in bike maintenance that are useful for both the trade and public. Alongside the show we're offering...

21 Apr 2022

The Scottish Government retail division are looking for input with regards to the recent adaptations in response to the Covid-19 pandemic.

21 Apr 2022

Participate in the Independent Retailers Confederation (IRC)'s National Living Wage Survey to provide us with an accurate...

20 Apr 2022

The Online Sales Tax (OST) Survey is your opportunity to have your say and help us influence the government regarding the implementation of an OST.

14 Apr 2022

Cytech are attending the Cycle Show and will be demonstrating key practices...

7 Apr 2022

The Retailer Promotional Pack provides retailers with an easy-to-use resource to spread the word about Local Bike Shop Day 2022 and fully benefit from it as much as possible.

6 Apr 2022

To celebrate Local Bike Shop Day, taking place on Saturday 30th April, Freewheel are offering customers 15% off...

6 Apr 2022

Businesses are required to have signed up to Making Tax Digital ready for their first VAT return starting on or after 1 April 2022. However, they may not be required to make their first...

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Apply for Business Rates Relief

Posted on in Business News , Cycles News , Political News

Retailers 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.

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