Non-domestic Rates: Tax Allowances

(asked on 19th January 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate his Department has made of the number of firms eligible for the 2020-21 business rates holiday; and how much has been spent from the public purse on that policy.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 25th January 2021

The business rates holiday for retail, hospitality and leisure is worth about £10 billion to businesses in this financial year. An estimated 350,000 retail, leisure and hospitality properties will pay no business rates in 2020-21.

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