Small Businesses: Non-domestic Rates

(asked on 29th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of extending small business rate relief to landlords that have lost rental income from commercial properties as a result of the covid-19 outbreak.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 4th February 2021

Businesses in receipt of their own business rates assessment and which meet the criteria may be eligible for business rate reliefs, including Small Business Rate Relief. The Government has no plan to change eligibility for SBRR.

The Government recognises the impact that the continued non-payment of rent has on landlords. The Government has made available over £330 billion of guarantees through the Coronavirus Business Interruption Loan Scheme, the Coronavirus Large Business Interruption Loan Scheme and the Coronavirus Corporate Financing Facility. These are available to businesses across different sizes and sectors, and directly support landlords with their cashflow issues. The Government is also continuing to work with lenders to ensure flexible support is being provided to commercial landlords.

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