Business Rates Relief Extension


Business Rates Relief Extension for hospitality businesses

Moore Thompson Chartered Accountants have produced a guide to Business Rates Relief Extension

Two significant elements of the measures announced by the Government to ease the financial impact of the Coronavirus crisis have been business rates reliefs and grants to certain ‘at risk’ businesses.

These include grants for businesses in the hospitality, leisure and retail sectors, a grant for businesses that pay no or little business rates and 100 per cent business rates relief for businesses working in certain sectors.

Details of this are available in our earlier update which is available on our COVID-19 Business Support Hub by clicking here.

Pubs, Bars, Hotels and restaurants

Businesses in the retail, hospitality and leisure sectors in England will not have to pay business rates for the 2020 to 2021 tax year.

You’re eligible if your property is a:

  • shop
  • restaurant, café, bar or pub
  • cinema or live music venue
  • assembly or leisure property – for example, a sports club, a gym or a spa
  • hospitality property – for example, a hotel, a guest house or self-catering accommodation

Where a property has been closed owing to the crisis, it will still be treated as occupied.

However, where a property becomes vacant in the next 12 months, a 100 per cent full rate will be charged after three months of void rate holiday, unless the rules are amended.

Local Billing Authorities will administer the application process and they should already have knowledge of which properties are eligible, so it would be best to contact them in the first instance.

Moore Thompson
Moore Thompson