Coronavirus retail discount
In a speech delivered to the House of Commons on 17th March 2020, the Chancellor of the Exchequer announced that all businesses in the retail, hospitality and leisure sectors would receive a discount of 100% from their business rates irrespective of their rateable value.
Businesses who meet the criteria set out in the Council's adopted guidance will be eligible for a discount.
This follows The Council's decision for determining an application for discretionary expanded retail discount.
If you are currently in receipt of retail discount or pubs discount on your most recent business rates bill, please do not make a payment.
If you were due to pay your business rates bill by direct debit, there is no need to cancel your direct debit. The Council will not request this direct debit.
The Council has identified properties that will qualify under the expanded usage and criteria and all businesses entitled to a discount will receive new bills stating their discount entitlement by 27/03/20.
Whilst the UK left the EU on 31 January 2020, the Withdrawal Agreement negotiated by the Government and the EU provides that during a transition period state aid rules will continue to apply and will be subject to control by the EU Commission.
Under state aid you (or your company) cannot receive more than €200,000 state aid in any three-year period. Retail Discount constitutes as state aid.
However, the Government has notified the EU of its intention to bring forward an immediate change to the UK’s tax treatment of non-domestic property. If approved, for 2020/21 the Expanded Retail Discount scheme will become a notified State aid and the €200,000 limit will not apply. Find out more on State Aid
Please complete this State Aid De Minimis declaration form where you have received a letter from the Council requesting you to make a State Aid declaration, or where your bill shows a retail discount but you do not meet the eligibility criteria.