Non-domestic Rates

(asked on 16th June 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the timetable is for opening applications for the business rates relief fund announced on 25 March 2021.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 21st June 2021

The Government is preparing guidance to support local authorities ahead of the rollout of the £1.5 billion business rates relief fund. The final guidance, its specifics and level of prescription, will reflect considerations including the existing framework of Government support, information held by local authorities and their capacity to administer the scheme.

This discretionary relief pot will support businesses on the basis of their actual economic exposure to COVID-19 rather than the pandemic’s hypothetical impact on property rental values. The alternative of prolonged litigation and appeals through the Material Change of Circumstance provision could have taken years. The Government will support local authorities to enable ratepayers to apply for relief awards as soon as possible this year, once the legislation relating to Material Change of Circumstance provisions has passed, and local authorities have set up local relief schemes.

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