Non-domestic Rates: Coronavirus

Treasury written question – answered on 14th October 2020.

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Photo of Gareth Thomas Gareth Thomas Shadow Minister (International Trade)

To ask the Chancellor of the Exchequer, if he will extend the business rates holiday to 2021-22; and if he will make a statement.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

As part of the Government’s package to support businesses affected by coronavirus, the Government has provided a business rates holiday for eligible properties in retail, hospitality and leisure, worth £10 billion this year.

As set out in the Call for Evidence for the fundamental review of business rates, the Government anticipates setting out preliminary conclusions from the review on the most pressing areas, including reliefs, in the autumn, ahead of final conclusions in spring 2021.

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