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Retail Hospitality and Leisure Relief Scheme 2022/23

At the Budget on 27 October 2021, the Chancellor announced that eligible ratepayers will receive 50% relief under the above-mentioned scheme on their business rates bills for the year 2022/23 up to a maximum cash  cap of £110,000.

In line with the conditions set by the government, a ratepayer may only claim up to £110,000 of support under the 2022/23 Retail, Hospitality and Leisure Relief Scheme for all of their eligible hereditaments. This cash cap applies at a Group company level (so holding companies and subsidiaries cannot claim up to the cash cap for each company) and also to organisations which, although not a company, have such an interest in a company that they would, if they were a company, result in its being the holding company.

Furthermore, the Retail, Hospitality and Leisure Relief Scheme is subject to the subsidies chapter within the UK-EU Trade and Cooperation Agreement (TCA). The subsidies chapter within the TCA only applies to subsidies over the value of approximately £343,000 per beneficiary over a 3-year period (consisting of the current financial year and the two previous financial years) (the Small Amounts of Financial Assistance limit). Extended Retail Discounts granted in 2020/21 or 2021/22 do not count towards the limit. Covid business grants received from local government and any other subsidy claimed under the Small Amounts of Financial Assistance limit over the 3 year period should be counted.

To claim the Retail, Hospitality and Leisure Relief you must not have exceeded either the £110,000 cash cap for 2022/23 or the Small Amounts of Financial Assistance limit of £343,000 over 3 years (including 2022/23).

If you have been granted this relief and you will exceed these limits or wish to refuse the relief, then please contact us at: billing.section@nuneatonandbedworth.gov.uk

If you have not been granted this relief and you do wish to claim the discount, then please contact us at: billing.section@nuneatonandbedworth.gov.uk

The government and Nuneaton and Bedworth Borough Council will not tolerate any business falsifying their records or providing false evidence to gain this discount, including claiming support above the cash cap or the exemption threshold. A ratepayer who falsely applies for any relief or provides false information or makes false representation to gain relief may be guilty of fraud under the Fraud Act 2006.

 

Last updated Friday, 11th March 2022

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