Expanded retail discount

Expanded retail discount

The Government announced in the Budget on 29 October 2018 that it would provide a Business Rates Retail Discount, to apply to occupied retail properties in each of the years 2019-20 and 2020-21. For 2019/20 the value of discount should be one third of the bill for retail properties with a rateable value of less than £51,000 and is applied after mandatory reliefs and other discretionary reliefs have been applied.

In response to the coronavirus, in the Budget on 11 March 2020 and subsequent statements, the Government announced that for 2020/21 it would increase the discount to 100% and extend it to include the leisure and hospitality sectors and some previous ineligible retail business usages and that there would be no rateable value limit on the relief. In the 3 March 2021 budget the Government announced the 100% discount scheme would be extended to also apply in the first three months of 2021/22. View the full scheme details for information on eligible retail properties before applying. 

In the 3 March 2021 budget the Government also proposed a 66% discount for 2021/22 only from 1 July 2021, but capped at up to a total value of £2 million per business. If the business was legally allowed to open during the national lockdown starting 5 January 2021, this cap is £105,000 rather than £2 million. Elmbridge has introduced a new discount scheme from 1 July 2021 to award the 66% discount for a fixed period up to 31 March 2022 that mirrors guidance issued by Government. View the full scheme details from 1 July 2021 for information on eligible retail properties before applying.

How to apply for the expanded retail discount in 2020/21 and 2021/22

If you think you are eligible and a discount is not shown on your bill and you have a business rates account number, apply using our application form. Main eligibility criteria: you are the ratepayer, usage of the property is mainly retail, leisure, hospitality to visiting members of the public.

Properties used for financial services, medical services, professional services (eg solicitor, accountant), Post Office sorting offices, or are not reasonably accessible to visiting members of the public, do not qualify.  Please see full scheme details.

If you have not informed us about your business, we need to register your business account. Please complete the moving in form. We will contact you about your eligibility for the expanded retail discount.

No applications for retail discount for 2020/21 can be considered after 30 September 2021

Refusal notice

You may opt out of receiving the discount in 2021/22 from 1 April 2021 or 1 July 2021 by notifying us that you wish to refuse to receive the discount in relation to the premises your bill refers to. Please be aware that once you have refused the discount, you cannot withdraw your refusal for all or any part of the discount period. To notify us you wish to refuse the discount, please complete the refuse discount online form.

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