Business Rates reductions and relief

Expanded Retail Discount and Nursery Discount

In the Chancellor’s budget on 3 March 2021 it was announced that the Government would provide additional business rates support for eligible retail, hospitality, leisure and nursery businesses in England occupying a qualifying property.

The Expanded Retail Discount will be extended for 3 months for eligible properties at 100% relief (uncapped) for the period 1 April 2021 to 30 June 2021.

Following this a further relief scheme will be determined from 1 July 2021 to 31 March 2022. The Expanded Retail Discount will apply at 66% relief for eligible properties in the scheme, with a cash cap of £2m for businesses that were required to close as at 5 January 2021, and up to £105,000 for business permitted to open at that date.

The Nursery Discount 2021 will also be extended for three months, at 100% (uncapped) for the period 1 April 2021 to 30 June 2021.  From 1 July 2021 to 31 March 2022 the further relief scheme for the Nursery Discount will be 66% relief for eligible properties, with a cash cap of £105,000.

We have awarded businesses that we believe qualify for this discount according to our records to date and this has been applied to the 2021 – 22 business rates bill.

For the Expanded Retail Discount 2021/22 and Nursery Discount 2021/22, businesses may choose to opt out of per eligible property. If you wish to refuse this discount please email us at billing.snc@westnorthants.gov.uk

The Government has issued guidance on the operation of the schemes:

This relief will be delivered through local authority discretionary discount powers (under section 47(3) of the Local Government Finance Act 1988).

Apply for Retail and Nursery discount