COVID-19 support for people who pay business rates

Support for people who pay business rates

Budget 2021 announcements

The Chancellor announced the following measures to support businesses in his Budget on Wednesday 3 March 2021:

  • The business rates holiday (100% Expanded Retail discount) will be extended until the end of June 2021. From July 2021, the discount will be reduced to two thirds of the business rates bill. Closed businesses will have the amount of relief they can get capped at £2million, and there will be a lower cap for those businesses able to remain open.
  • The business rates holiday (100% Nursery (childcare) discount) will be extended to the end of June 2021. From July 2021, the discount will be reduced to two thirds of the business rates bill. The amount of relief will be capped at £105,000 per business.

Other help for businesses

You can find more information about other help for businesses on the GOV.UK website