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COVID-19 Advice for business - Expanded retail discount scheme

Article

COVID-19 Advice for business - Expanded retail discount scheme

3 Apr 2020

1 minute read

Yesterday, the Government confirmed that that some of the exclusions for this relief, such as estate agents and letting agents, have been removed, so that retail, leisure, and hospitality properties that will have been forced to close as a result of the COVID-19 restriction measures will now be eligible for the retail discount relief.

COVID-19 Advice for business - Expanded retail discount scheme - news article image

On 23 March 2020 I wrote about the Retail, Hospitality and Leisure Grant Fund

Yesterday, the Government confirmed that that some of the exclusions for this relief, such as estate agents and letting agents, have been removed, so that retail, leisure, and hospitality properties that will have been forced to close as a result of the COVID-19 restriction measures will now be eligible for the relief.

How will the Grants be provided

Central Government will provide funding to Local Authorities that are responsible for business rate billing. Those Local Authorities will contact eligible businesses to arrange payment of the grants.

The full Local Authority guideline, which includes all relevant properties can be found here.

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