Non-domestic Rates: Tax Allowances

(asked on 20th July 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when the £1.5 billion business rate relief fund, announced on the 25th March 2021, will be distributed to businesses.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 6th September 2021

Funding for businesses affected by the COVID-19 pandemic that have not otherwise been eligible for existing reliefs will be available once the legislation relating to material change in circumstance provisions has passed and Local Authorities (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.

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.

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