Business rates relief for Covid-19 outbreak
The Chancellor of the Exchequer has announced an unprecedented package rates relief aimed at supporting businesses during the Covid-19 virus outbreak. The measures will cost £20 billion, and will provide a one-year rates holiday for retail properties and for many properties in the hospitality and leisure sectors. The scale of this relief is something we have not seen before. ...Read More
Budget 2020 – Business Rates announcements
Budget 2020 was delivered against a background of rising concern about the impact of the coronavirus, Covid-19. The strange days we live in are reflected in a strange set of Budget announcements in respect of business rates, from the most fundamental - a “fundamental review” of business rates to report in autumn 2020 - to the most trivial - an extension of business rates relief for local newspaper offices. Whether these, and other budget announcements, will enable businesses to weather the storm remains to be seen. ...Read More