Retail, hospitality and leisure relief 2023/24
The Retail, Hospitality and Leisure Relief Scheme provides business rates relief to eligible occupied retail, hospitality and leisure properties. The scheme started in 2020/21 and has been extended for 2023/24, offering an increased level of relief.
The amount of relief for 2023/24 has been increased from 50% to 75%.
Limits of this scheme
You can claim up to £110,000 of support for all your eligible hereditaments under this scheme. This 'cash cap' of £110,000 applies at a Group company level, which means holding companies and subsidiaries cannot claim up to the cash cap for each company. The limit also applies to organisations that are not a company, but which have such an interest in a company that they would, if they were a company, be the holding company.
This scheme is subject to the subsidies chapter within the UK-EU Trade and Cooperation Agreement. The subsidies chapter applies to subsidies over the value of approximately £343,000 per beneficiary over a 3-year period - the 'Small Amounts of Financial Assistance limit'. The 3-year period is the current financial year and the 2 previous financial years.
Extended Retail Discounts granted in 2021/22 or 2022/23 do not count towards the limit.
COVID-19 business grants received from local government, and any other subsidy claimed under the Small Amounts of Financial Assistance limit over the 3-year period, should be counted.
To claim Retail, Hospitality and Leisure relief, you must not have exceeded either the:
- £110,000 cash cap for 2023/24
- Small Amounts of Financial Assistance limit of £343,000 over 3 years, including 2023/24
If you have previously been eligible for Retail, Hospitality and Leisure relief this will automatically be taken off your Business Rate bill.
If you wish to refuse this relief then you must put this in writing to our Business Rates team. Email firstname.lastname@example.org