At the Budget on 27 October 2021, the Chancellor announced that eligible ratepayers will receive 50% relief on their business rates bills for 2022/23 up to a maximum cash cap of £110,000.
At the Budget on 3 March 2021, the Chancellor announced that the Government would provide additional business rates support for eligible retail, hospitality, leisure, and nursery businesses in England occupying a qualifying property.
Due to the Covid-19 pandemic the Government introduced an Expanded Retail Discount which expands on the Retail Relief scheme for 2019/20. The Expanded Retail Discount will be available for the year 2020/21
The Local Government Finance Act 1988 provides that relief from rates must be granted on premises used wholly or mainly for charitable purposes by a registered, excepted or exempt charity.
The Government is providing funding to local authorities so that they can provide a discount worth up to £1,500 a year for 2 years from 1st April 2017, to office space occupied by local newspapers.
Section 69 of the Localism Act 2011 provides a discretionary power for billing authorities in England and Wales to reduce the business rates of any local ratepayer.