Rate reliefs and exemptions
Retail, hospitality and leisure relief
This relief is to support the businesses that make our high streets and town centres a success and help them to evolve and adapt to changing consumer demands.
The 2024/25 scheme will provide eligible, occupied, retail, hospitality and leisure properties with a 75% relief, up to a cash cap limit of £110,000 per business.
At the Autumn Budget on 30 October 2024, the Chancellor extended the business rates relief scheme for retail, hospitality, and leisure properties, worth over £1.5 billion in 2025/26.
The 2025/26 retail, hospitality and leisure business rates relief scheme will provide eligible occupied retail, hospitality, and leisure properties with a 40% relief.
The total value of relief available per business, whether occupying one or more properties, is capped at £110,000.