Asked by: Steve Double (Conservative - St Austell and Newquay)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether his Department plans to include wholesalers in the guidance for local authorities for the administration of the new business rates relief fund.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Government has announced a £1.5 billion pot of additional business rates relief for businesses affected by the COVID-19 pandemic that have not otherwise been eligible for existing reliefs. The statement by the Minister of State for Regional Growth and Local Government of 25 March 2021 explained the relief will be allocated to local authorities based on the stock of properties in the area and the sector-specific economic impacts of COVID-19.
Formal guidance will follow in due course, setting out the specific considerations that Local Authorities (LAs) should have regard for when providing relief. Relief will be for LAs to award on a discretionary basis. Funding will be available once the legislation relating to material change in circumstance provisions has passed and LAs have established their own local relief schemes. The Government will support LAs to do this as quickly as possible, including through new burdens funding.
Asked by: Steve Double (Conservative - St Austell and Newquay)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of including wholesalers in the guidance for local authorities on the administration of the new business rates relief fund.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Government has announced a £1.5 billion pot of additional business rates relief for businesses affected by the COVID-19 pandemic that have not otherwise been eligible for existing reliefs. The statement by the Minister of State for Regional Growth and Local Government of 25 March 2021 explained the relief will be allocated to local authorities based on the stock of properties in the area and the sector-specific economic impacts of COVID-19.
Formal guidance will follow in due course, setting out the specific considerations that Local Authorities (LAs) should have regard for when providing relief. Relief will be for LAs to award on a discretionary basis. Funding will be available once the legislation relating to material change in circumstance provisions has passed and LAs have established their own local relief schemes. The Government will support LAs to do this as quickly as possible, including through new burdens funding.
Asked by: Steve Double (Conservative - St Austell and Newquay)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he we will meet with the Federation of Wholesale Distributors to discuss practicalities involved with developing a business rates support system for businesses affected by the covid-19 outside the retail, hospitality, and leisure sectors.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Government has announced a £1.5 billion pot of additional business rates relief for businesses affected by the COVID-19 pandemic that have not otherwise been eligible for existing reliefs. The statement by the Minister of State for Regional Growth and Local Government of 25 March 2021 explained the relief will be allocated to local authorities based on the stock of properties in the area and the sector-specific economic impacts of COVID-19.
Formal guidance will follow in due course, setting out the specific considerations that Local Authorities (LAs) should have regard for when providing relief. Relief will be for LAs to award on a discretionary basis. Funding will be available once the legislation relating to material change in circumstance provisions has passed and LAs have established their own local relief schemes. The Government will support LAs to do this as quickly as possible, including through new burdens funding.
Asked by: Steve Double (Conservative - St Austell and Newquay)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, when his Department plans to bring forward legislative proposals for business rates support to be granted to businesses affected by covid-19 outside the retail, hospitality and leisure sectors.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Government has announced a £1.5 billion pot of additional business rates relief for businesses affected by the COVID-19 pandemic that have not otherwise been eligible for existing reliefs. The statement by the Minister of State for Regional Growth and Local Government of 25 March 2021 explained the relief will be allocated to local authorities based on the stock of properties in the area and the sector-specific economic impacts of COVID-19.
Formal guidance will follow in due course, setting out the specific considerations that Local Authorities (LAs) should have regard for when providing relief. Relief will be for LAs to award on a discretionary basis. Funding will be available once the legislation relating to material change in circumstance provisions has passed and LAs have established their own local relief schemes. The Government will support LAs to do this as quickly as possible, including through new burdens funding.
Asked by: Steve Double (Conservative - St Austell and Newquay)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment his Department has made of the economic effect on the wholesale sector of the time taken to start the new business rates relief fund.
Answered by Jesse Norman - Shadow Leader of the House of Commons
The Government has announced a £1.5 billion pot of additional business rates relief for businesses affected by the COVID-19 pandemic that have not otherwise been eligible for existing reliefs. The statement by the Minister of State for Regional Growth and Local Government of 25 March 2021 explained the relief will be allocated to local authorities based on the stock of properties in the area and the sector-specific economic impacts of COVID-19.
Formal guidance will follow in due course, setting out the specific considerations that Local Authorities (LAs) should have regard for when providing relief. Relief will be for LAs to award on a discretionary basis. Funding will be available once the legislation relating to material change in circumstance provisions has passed and LAs have established their own local relief schemes. The Government will support LAs to do this as quickly as possible, including through new burdens funding.