Retail Discount 2019 to 2021
In the Autumn Budget 2018, the Government announced a new relief scheme for retail properties that have a rateable value of below £51,000. Under this scheme, eligible ratepayers received a one third discount of their final bill. The definition of retail properties will follow that adopted from the previous retail relief scheme in 2014/15 and 2015/16.
The relief was also effective for 2019/20.
The retail discount was due to be increased from one-third to 50% for 2020/21. This has now been increased to 100%. The discount has also been extended to include businesses within the leisure and hospitality industries.
State aid rules do apply.
Retail Discount will be awarded automatically where the qualifying criteria are clearly satisfied, and where not, application forms will be issued on request. Both the form and qualifying criteria can be found below.