Non-domestic Rates: Coronavirus

(asked on 30th December 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will reduce business rates for (a) local shops and (b) businesses during the covid-19 outbreak.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 15th January 2021

This year the Government has provided an unprecedented business rates holiday for eligible retail, hospitality and leisure properties due to the direct adverse effects of COVID-19, worth about £10 billion.

In the 2020 Spending Review, the Government committed further support to businesses, including in retail, hospitality and leisure, by freezing the business rates multiplier for 2021-22. In order to ensure that any decisions best meet the evolving challenges posed by COVID-19, the Government will outline plans for 2021-22 reliefs in due course.

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