Relief and reductions
As a temporary measure for 2021/22 the government has announced they are extending the Expanded Retail Discount (2020/21) for three months for eligible properties such as:
- music venues
- hospitality or leisure businesses – for example, a gym, a spa, a casino or hotel
The 100% relief will be uncapped for the period 1st April 2021 to 30th June 2021.
From 1st July 2021 to 31st March 2022, the discount will apply at 66% relief for eligible properties, with a cash cap of £2m for businesses that were required to close as at 5th January 2021, and up to £105,000 for business permitted to open at that date.
For the Expanded Retail Discount 2021/22, businesses may choose to opt out of support by providing billing authorities notification of their request to refuse support, per eligible hereditament. These changes will have effect for 2021/22.