The amended retail relief scheme for properties in the retail and hospitality sector will not be counted as State Aid, lifting any restriction on the number of properties within the criteria that can obtain the relief.
Updated information from the Government can be found here but the update states;
“That the Government’s assessment is that, given the impact of Covid-19 in the sectors receiving the relief, that the Expanded Retail Discount 2020/21 is not a State aid. The Government has considered this matter in discussions with the European Commission and is content with this analysis following those discussions. Local Authorities should provide the relief to all eligible properties.”
Therefore, so long as the property fits the below criteria there will be £0 rates payable for 2020/ 2021 ;
- Property is a shop, restaurant, café, bar or pub
- has a rateable value of less than £51,000
If you would like further information or clarification please contact us at hello@businessrates.uk
NB : YOU DO NOT NEED TO EMPLOY A RATING AGENT TO OBTAIN THIS RELIEF, IT SHOULD BE AUTOMATICALLY APPLIED TO YOUR BILL BY YOUR LOCAL COUNCIL