We’re living in unprecedented times, with the Coronavirus crisis causing uncertainty for business owners and employees alike. Our offices may be temporarily closed, but we are still here to provide advice and support to our clients where possible, answering the questions you need to know.

 

Q: I’m a retail/leisure business – do I still need to pay business rates?

 

A:

 

We work with many small businesses in the retail, hospitality and leisure industries, most of which will have been forced to close to minimise the spread of Covid-19. This has been a source of stress for a number of our clients, but we’re pleased to share that the Government has introduced various measures to protect these business owners.

 

The first of these is a business rates holiday for the 2020 to 2021 tax year.

 

You will be eligible for this holiday if:

  • Your business is based in England
  • Your business is in the retail, hospitality and/or leisure sector

 

Properties covered by this relief will be occupied properties that are mainly used:

  • As shops, restaurants, cafes, drinking establishments, cinemas and live music venues
  • For assembly and leisure
  • For hospitality, as hotels, guest & boarding premises or self-catering accommodation

 

Business owners don’t need to take any action to access this scheme, but local authorities may have to reissue your bill, which they will do as soon as possible.

 

More information on this package is available in the expanded retail discount guidance.

 

As well as the business rates holiday, a grant scheme has been put in place for additional support. Read more here.