COVID-19: Estate agents, lettings agencies and bingo halls to pay no business rates in 2020–21
Released 25 March 2020
Estate agents, lettings agencies and bingo halls that have closed as a result of COVID-19 measures to restrict the spread of the virus will now be exempted from business rates in 2020–21.
This measure comes after the Chancellor announced in the Budget that, in response to COVID-19, the business rates retail discount would be increased to 100% next year and would be expanded to the hospitality and leisure sectors.
The government has announced that some of the exclusions for this relief have been removed, so that retail, leisure, and hospitality properties that have closed as a result of the COVID-19 restriction measures will now be eligible for the relief.
Further information can be found at https://www.gov.uk/government/news/covid-19-estate-agents-lettings-agencies-and-bingo-halls-to-pay-no-business-rates-this-coming-financial-year.