EXPANDED RETAIL DISCOUNT

As a result of Covid the Government widened the recipients of the original scheme and created Expanded Retail Discount which provides 100% rates relief to qualifying properties.

The definition of what should be covered by the scheme is vague and has been subject to widely different interpretation by councils across the country.  It is not just limited to shops and if you sell goods to visiting members of the general public, regardless of the property type you occupy, then you could benefit from this substantial relief. We recognise that there are many uses that sit in grey areas on the periphery of the guidance. We have successfully extended the interpretation of the original scheme to cover a wide range of occupier types whose use is not obviously retail and they now benefit from these substantial additional measures. The relief was automatically applied to the obvious occupiers in March/April 2020 but we continue to secure relief for a wide range of occupier clients.

Please get in touch for a no-obligation discussion on whether this could be applied to your property or portfolio.

ENGLAND  |  WALES   |  SCOTLAND

CAN YOU OBTAIN RETAIL DISCOUNT? CLICK HERE.

 

EXPANDED RETAIL DISCOUNT

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