How to reduce your Business Rates bill

Retail Discount

Retail Hospitality and Leisure Discount 2024 / 2025

At the Autumn Statement on 22 November 2023 the Chancellor announced the extension of the Retail, Hospitality and Leisure scheme whereby eligible ratepayers will receive 75% relief on their business rates bills for the year 2024/25 up to a maximum cash cap of £110,000.

To claim the Retail, Hospitality and Leisure relief the ratepayer must not have exceeded either the £110,000 cash cap for 2024/25 or the Minimal Financial Assistance limit under the Subsidy Control Act of £315,000 over 3 years (including 2024/25).

As part of the temporary measures businesses have the option to refuse the additional discount however this request must be in writing. Should you wish to do so please contact us here to request that the discounts not be applied to your account.

Retail Hospitality and Leisure Discount 2023 / 2024

At the Autumn Statement 2022 the Chancellor announced that eligible ratepayers will receive 75% relief on their business rates bills for the year 2023/24 up to a maximum cash cap of £110,000.

To claim the Retail, Hospitality and Leisure relief the ratepayer must not have exceeded either the £110,000 cash cap for 2023/24 or the Minimal Financial Assistance limit under the Subsidy Control Act of £315,000 over 3 years (including 2023/24).