Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he plans to extend the Expanded Retail Discount scheme into the 2021-22 financial year.
As part of the Government’s package to support businesses affected by coronavirus, the Government has provided a business rates holiday for eligible properties in retail, hospitality and leisure, worth £10 billion year.
As set out in the Call for Evidence for the fundamental review of business rates, the Government anticipates setting out preliminary conclusions from the review on the most pressing areas, including reliefs, in the Autumn, ahead of final conclusions in Spring 2021.