Business Rates Relief: 2023/24 Retail, Hospitality and Leisure Scheme, local authority guidance

This guidance is intended to support billing authorities in administering the 2023/24 Retail, Hospitality and Leisure Business Rates Relief Scheme.

From:

Department for Levelling Up, Housing and Communities

Published

21 December 2022

Business Rates Relief: 2023/24 Retail, Hospitality and Leisure Scheme

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At the Autumn Statement on 17 November the Chancellor announced the introduction of a new business rates relief scheme for retail, hospitality and leisure properties worth around £2.1 billion in 2023 to 2024.

The 2023/24 Retail, Hospitality and Leisure business rates relief 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.

This document provides guidance to authorities about the operation and delivery of the policy. The government expects that local authorities will include details of the relief to be provided to eligible ratepayers for 2023/24 in their bills for the beginning of the 2023/24 billing cycle.