Retail, hospitality and leisure relief 2023/24
The Retail, Hospitality and Leisure Relief Scheme provides business rates relief to eligible occupied retail, hospitality and leisure properties. The scheme started in 2020/21 and has been extended for 2023/24, offering an increased level of relief.
The amount of relief for 2023/24 is 75% of the business rates bill.
Limits of this scheme
You can claim up to £110,000 of support for all your eligible hereditaments under this scheme. This 'cash cap' of £110,000 applies at a Group company level, which means holding companies and subsidiaries cannot claim up to the cash cap for each company. The limit also applies to organisations that are not a company, but which have such an interest in a company that they would, if they were a company, be the holding company.
This scheme is subject to the Minimal Financial Assistance limits under the Subsidy Control Act. This means you cannot receive more than £315,000 over a 3-year period – that is, the current financial year and the 2 previous financial years.
Extended Retail Discounts granted in 2021/22 do not count towards the 3-year limit of £315,000.
COVID-19 business grants received from local government, and any other subsidy claimed under the Minimal Financial Assistance limits or Small Amounts of Financial Assistance limit over the 3-year period, should be counted towards the overall £315,000 limit.
To claim Retail, Hospitality and Leisure relief, you must not have exceeded either the:
- £110,000 cash cap for 2023/24
- Minimal Financial Assistance limits of £315,000 over 3 years, including 2023/24
When no action is needed
You don't need to take any further action if you have not received:
- Retail, Hospitality and Leisure Relief 2023/24 for more than one premises
- more than the Minimal Financial Assistance limits of £315,000 over 3 years, including 2023/24
When action is required
You should complete and return Form A, below, accepting the relief and declaring you comply with the cash cap and exemption threshold, if:
- you, or a company in your Group, have received 2023/24 Retail, Hospitality and Leisure relief on more than one property but to a level below the £110,000 cash cap
- you, or a company in your Group, have not received more than the Minimal Financial Assistance limits of £315,000 over 3 years, including 2023/24
Retail, hospitality and leisure relief – Form A, 2023/24
You should complete and return Form B, below, refusing the relief, if either:
- you have exceeded the cash cap on all properties
- you have received more than the Minimal Financial Assistance limits of £315,000 over 3 years, including 2023/24
Retail, hospitality and leisure relief – Form B, 2023/24
If you falsely apply for any relief, or if you provide false information or make false representation to gain relief, you may be guilty of fraud.