Pub business rates relief scheme
The Chancellor has announced several changes to business rates in the Budget of 11 March 2020. Please visit our Budget - March 2020 page for details of how you may be affected.
The Chancellor is extending the Pub Discount from £1,000 to £5,000 for the next financial year 2020/21. Since the date of the budget, further changes have been announced to indicate all retail, hospitality and leisure businesses in England, including pubs, will be given a ‘100% business rates holiday’ for the next 12 months .
The qualifying conditions you need to meet to claim the relief are:
- The rateable value of your premises must be no greater than £100,000
Your premises must be occupied and:
- Be open to the general public
- Allow free entry (other than when occasional entertainment is provided)
- Allow drinking without requiring food to be consumed
- Allow drinks to be purchased at a bar
- Not exceed state aid limits*
* This relief needs to comply with the European Union law on state aid. To qualify for this relief, your business should not receive more than €200,000 of state aid in a three year period (the current and previous two financial years). The €200,000 threshold is likely to affect premises that are part of a large chain.
How to claim the relief
We have already contacted the premises that we believe will qualify for this relief. If you haven’t received a claim form from us but feel that you qualify for pub relief, please complete the business rates pub relief claim form and return it to FREEPOST RBSANDWELL.
Please note that we may need to inspect your premises to confirm that you meet the conditions for this relief.