EXPANDED RETAIL DISCOUNT

The business rates landscape has changed dramatically as a result of Covid19. The Government have used the Retail Discount mechanism to deliver the bulk of their assistance to businesses. There are nuances between the schemes in England, Wales & Scotland.

The definition of what constitutes retail under the Expanded Retail Discount scheme are the same as the original scheme. Properties that weren’t automatically considered as retail under the original guidance still won’t receive the relief.

THE GOVERNMENT ADVISE THAT EXPANDED RETAIL DISCOUNT WILL BE AUTOMATICALLY APPLIED WHERE THEY BELIEVE THAT A BUSINESS MEETS THE CRITERIA.

CERTAIN RECIPIENTS OF THE RELIEF WILL ALSO RECEIVE SUBSTANTIAL GRANT ASSISTANCE. FOLLOW THE LINKS BELOW FOR MORE ADVICE.

PROPERTIES WITHOUT AN OBVIOUS RETAIL, HOSPITALITY OR LEISURE USE WILL NOT AUTOMATICALLY RECEIVE RELIEF.

CLICK BELOW FOR DETAILS OF THE SCHEME AND THE GRANT ASSISTANCE IN EACH COUNTRY

ENGLAND  |  WALES   |  SCOTLAND

CAN YOU OBTAIN RETAIL DISCOUNT? CLICK HERE.

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.

 

EXPANDED RETAIL DISCOUNT

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