Non-domestic Rates: Tax Allowances

(asked on 29th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to extend business rates relief for non-essential businesses beyond the 2020-21 tax year.


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

This year the Government has provided an unprecedented business rates holiday for eligible retail, hospitality and leisure properties, and nurseries, due to the direct adverse effects of COVID-19, worth about £10 billion.

At the 2020 Spending Review, the Government committed further support to all businesses by freezing the business rates multiplier for 2021-22.

The Government is considering options for reliefs for 2021-22. As announced in a Written Ministerial Statement on 3 February, the Government will outline the next round of COVID-19 support measures at Budget.

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