Covid-19: Business ratepayers to be given further discounts

Released 25 March 2021

The Government has announced a new Business Rates relief fund of £1.5bn for businesses affected by Covid-19 outside the retail, hospitality and leisure sectors.

The funding will be allocated to local authorities based on the stock of properties in the area whose sectors have been affected by Covid-19. Local Authorities will use their knowledge of local businesses and the local economy to make awards.

Further details can be found at https://www.gov.uk/government/news/business-rates-relief-boosted-with-new-15-billion-pot.

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