Business Rates: Tax Allowances
The question
To ask the Secretary of State for Housing, Communities and Local Government, whether his Department has made an estimate of the monetary value of Retail, Hospitality and Leisure relief to qualifying individual businesses in (a) 2024-25, (b) 2025-26 and (c) 2026-27.
Answered by Alison McGovern
The Retail, Hospitality and Leisure Business Rates Relief scheme provided eligible, occupied, retail, hospitality, and leisure properties with a 75% relief, up to a cash cap limit of £110,000 per business in 2024-25 and with a 40% relief, up to a cash cap limit of £110,000 per business in 2025-26. There is no equivalent relief in 2026-27.
The value of the relief to individual businesses is not available. However, aggregated data on how much relief has been given in 2024-25 can be found in Table 2 at the following link
https://www.gov.uk/government/statistics/national-non-domestic-rates-collected-by-councils-in-england-2024-to-2025 and how much is expected to be given in 2025-26 in Table 2 at this link
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