Wholesale Trade: Coronavirus

(asked on 30th November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the effect of current levels of funding to the devolved Administrations on their ability to administer Business Rates Relief to wholesalers.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 3rd December 2020

The UK government has supported businesses across the UK through a range of schemes this year, including the Coronavirus Job Retention Scheme, Bounce Back Loan Scheme (BBLS) and Coronavirus Business Interruption Loan Scheme (CBILS).

As business rates is a devolved tax it is for the devolved administrations to determine reliefs in Scotland, Wales and Northern Ireland. However, the UK government has already guaranteed the devolved administrations an additional £16 billion of resource funding to provide support to people, businesses and public services this year. This comprises £8.2 billion for the Scottish Government, £5.0 billion for the Welsh Government and £2.8 billion for the Northern Ireland Executive.

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