Treasury written question – answered at on 25 January 2021.
To ask the Chancellor of the Exchequer, what estimate his Department has made of the number of firms eligible for the 2020-21 business rates holiday; and how much has been spent from the public purse on that policy.
The business rates holiday for retail, hospitality and leisure is worth about £10 billion to businesses in this financial year. An estimated 350,000 retail, leisure and hospitality properties will pay no business rates in 2020-21.
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