Retail, Hospitality and Leisure Relief: Who Qualifies and What You Get
Learn how to access a 75% discount on your business rates bills if you run a retail, hospitality, or leisure business.
This scheme provides a significant reduction in business rates for specific types of businesses to help manage overhead costs.
Who it's for
This relief is specifically designed for businesses operating within the retail, hospitality, and leisure sectors. To qualify, your business must occupy an eligible property that falls under these specific categories. This is intended to support the operational costs of businesses that provide goods or services within these specific industries.
What you get
If you meet the eligibility requirements, you can receive a 75% discount on your business rates bills. This reduction is designed to lower the tax burden on your property's valuation. Please be aware that this 75% discount is not unlimited; it is subject to a specific cash cap set by the government.
What it costs you
There is no application fee or direct cost to you to receive this relief. The discount is applied automatically by your local council to your business rates account. You do not need to pay a fee to a government body to have this reduction processed for your property.
The catch to know
The most important detail to understand is how the limit is calculated. The relief is subject to cash caps per business, rather than being applied per individual property. This means if your business operates across multiple locations, you must account for the cap being applied to the business entity as a whole.
How to apply
- Verify that your business property is officially classified as retail, hospitality, or leisure.
- Check your business rates bill to ensure the 75% discount has been applied by your local council.
- If the discount does not appear on your bill, contact your local council to discuss your eligibility.
- Consult with your local council to confirm the specific cash cap currently applicable to your business.