At the Budget on 27 October 2021, the Chancellor announced that eligible ratepayers will receive 50% relief on their business rates bills for the year 2022/23 up to a maximum cash cap of £110,000.
Relief will be provided to eligible occupied retail, hospitality and leisure properties in 2022/23. Your current rates bill includes this discount.
In line with the conditions set by the government, a ratepayer may only claim up to £110,000 of support under the 2022/23 Retail, Hospitality and Leisure Relief Scheme for all of their eligible hereditaments. This cash cap applies at a Group company level (so holding companies and subsidiaries cannot claim up to the cash cap for each company) and also to organisations which, although not a company, have such an interest in a company that they would, if they were a company, result in its being the holding company.
Form A - accepting the relief and declaring that you comply with the cash cap and exemption threshold
Form B - you have exceeded the cash cap on other properties, or, you have received more than the Small Amounts of Financial Assistance limit of £343,000 over three years (including 2022/23)Form A: Form B: