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Relief and reductions

Retail relief

At the budget on 17 November 2022, the Chancellor announced that eligible Retail, Hospitality and Leisure ratepayers will receive 75% relief on their business rates bills for the year 2023/24. Relief at the rate of 75% will also continue into the 2024/25 year.

This will be up to a maximum cash cap of £110,000 for each individual year.

In line with the conditions set by the government, a ratepayer may only claim up to £110,000 of support under this scheme for all of their eligible hereditaments.

This cash cap applies:

  • at a group company level (so holding companies and subsidiaries cannot claim up to the cash cap for each company)
  • to non-company organisations who have such an interest in a company that they act like a holding company

The scheme is also subject to the Minimal Financial Assistance limits under the Subsidy Control Act. This means no recipient can receive over £315,000 over a 3-year period (consisting of the current financial year and the two previous financial years).

The following are included in the £315,000 allowance: 

  • Covid business grants received from local government
  • any other subsidy claimed under the Minimal Financial Assistance or Small Amounts of Financial Assistance

Extended retail discounts granted in 2021/22 do not count towards the limit.

Eligibility

Hereditaments qualify if they are an occupied non-domestic rate property that is wholly or mainly used as:

  • shops, restaurants, cafés, drinking establishments, cinemas or live music venues
  • for assembly or leisure - sports clubs, village halls, nightclubs, or tourist attractions
  • hotels, guesthouses, or self-catering accommodation

To claim this relief you must not have exceeded either:

  • the £110,000 cash cap for 2024/25
  • the Minimal Financial Assistance limit of £315,000 over three years (including 2024/25)

GOV.UK website - subsidy control guidance for public authorities 

apply for retail relief online