Budget 2021: Business rates holiday extended to end of June

4th March 2021

The Spring Budget 2020 what does it mean for pubs

The business rates holiday for retail and hospitality firms will continue until the end of June, the chancellor announced today.

Rishi Sunak told the House of Commons that the 100 per cent business rates holiday will be extended for three months.

For the remaining nine months of the financial year, business rates will be discounted by two thirds, up to a value of £2m for closed firms, he said. 

Prior to the announement, trade groups have been urging action on business rates as the lockdown continues to put local shops at risk.

Taken from: https://www.cityam.com/business-rates-outdated-online-sales-tax/

« back to press releases

Scottish government extends business rates relief for further 12 months

Scottish government extends business rates relief for further 12 months

Business rates multiplier to be frozen in 2021-22

Business rates multiplier to be frozen in 2021-22

Councils pile pressure on firms over unpaid business rates during pandemic

Councils pile pressure on firms over unpaid business rates during pandemic