Business rates relief boosted with new £1.5 billion pot

HM Treasury: Business ratepayers adversely affected by COVID-19 are to get a £1.5 billion discount on their bills.

  • new Business Rates relief fund of £1.5 billion for businesses affected by COVID-19 outside the retail, hospitality, and leisure sectors
  • targeted support delivered as appeals against rates bills on basis of material changes of circumstance due to the pandemic to be ruled out
  • the relief fund will get cash to affected businesses in the most proportionate and equitable way

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