Non-domestic Rates: Coronavirus

Treasury written question – answered on 11th December 2020.

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Photo of Jon Trickett Jon Trickett Labour, Hemsworth

To ask the Chancellor of the Exchequer, if he will extend the business rates holiday for retail and hospitality businesses beyond March 2021.

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

The unprecedented full business rates holiday for eligible retail, hospitality and leisure properties for the financial year is worth £10 billion to business in 2020-21. The Government will continue to look at how to adjust its support in a way that ensures people can get back to work, protecting both the UK economy and the livelihoods of people across the country. In order to ensure that any decisions best meet the evolving challenges presented by COVID-19, the Government will outline plans for future reliefs in the New Year.

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